Trade and Economy
As a member of the fiscally-conservative Blue Dog Coalition, Congressman Cuellar is dedicated to reducing the nation's deficit through increasing Congressional federal spending oversight and reforming trade and transport regulatory policies. Additionally, as Chairman and founder of the bi-partisan House Pro-Trade Caucus, Congressman Cuellar is widely regarded as a national trade expert in Washington D.C. What informs these two related policy areas is the unique needs and profile of Texas’ 28th District. As a Representative of a district on the U.S.-Mexico border, he balances the interests of communities which are dependent both on international trade and small town economies.
Congressman’s Cuellar’s district contains the nation’s largest inland port of entry. Laredo is the gateway to U.S. freight trade with Mexico and Central America. Across Texas, businesses and communities alike applaud his support for the Central American Free Trade Agreement and the North American Free Trade Agreement. As the largest exporter of goods in the nation, Texas currently grosses more than $100 billion a year by conducting trade with other nations.
Separately, his district has a need for unique fiscal resources in order to supply their burgeoning small business industries. Congressman Cuellar believes in thoughtful banking and loan regulatory policies that are tailored to exclude unnecessarily constraining small financial institutions from supplying funding to his district. To supplement these private funding resources, he has committed himself to providing sources of federal funding for small businesses.
Congressman Cuellar included funding in the Appropriations Committee for Small Business Development Centers (SBDCs), which provided local, in-person counseling and training services for small business owners and aspiring entrepreneurs throughout the country. Additionally, he ensured funding was added to the Community Development Financial Institutions Fund, which facilitates access to the investment capital and financial services that underserved communities need to prosper. He continues to support local economies, privately owned businesses and the entrepreneurial spirit that defines South Texas.