Money | CAFTA faces an uphill battle on Capitol Hill despite its benefits to the U.S.
by Timothy Lamer
Posted 6/25/05, 12:00 am
With one vote, members of Congress could help alleviate extreme poverty in Central America, open up export markets for U.S. companies, and perhaps even reduce illegal immigration to the United States.
That would be the likely outcome of passage of the Central American Free Trade Agreement (CAFTA), a trade deal that the Bush administration negotiated with Costa Rica, El Salvador, the Dominican Republic, Guatemala, Honduras, and Nicaragua.