TAAP Act

Bill 118 hr 5874, also known as the Trade Adjustment Assistance Program (TAAP) Act, is a piece of legislation currently being considered by the US Congress. The TAAP Act aims to provide assistance to workers who have been adversely affected by international trade agreements.

The bill proposes to expand the eligibility criteria for the Trade Adjustment Assistance (TAA) program, which provides job training and other support services to workers who have lost their jobs due to foreign competition. Under the TAAP Act, workers in industries that have been negatively impacted by trade agreements, such as manufacturing and agriculture, would be eligible for assistance.

Additionally, the bill seeks to increase funding for the TAA program in order to provide more comprehensive support to workers in need. This includes funding for job training programs, job search assistance, and income support for workers who are unable to find new employment. Overall, the TAAP Act aims to help workers who have been displaced by international trade agreements to transition to new jobs and industries. By expanding eligibility criteria and increasing funding for the TAA program, the bill seeks to provide more comprehensive support to workers in need.