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"From reports today on the World Trade Organization's (WTO) interim ruling I believe it is clear that Europe vastly exaggerated their claims against Boeing. While the interim ruling found that American policies caused some harm to Airbus, their impact was significantly less than the harm caused to Boeing by Europe's market distorting illegal subsidies, or "launch aid."
"Earlier this year, the WTO found that illegal subsidies to Airbus distorted the industry, shifting market share toward Europe and away from the U.S., impacting thousands of American aerospace jobs.
Washington, Sep 10, 2010 - Congressman Adam Smith (WA-09) released the following statement honoring the anniversary of the 9/11 terrorist attacks:
Nine years ago, the morning of September 11, 2001 was interrupted by senseless acts of terrorism that took the lives of thousands of Americans in New York, Washington, DC, and Pennsylvania. As we remember this sad day in our nation's history, our thoughts and prayers go out to the friends and families of those who lost their lives.
Today, Congressman Adam Smith (WA-09) released the following statement in tribute to the 4th Stryker Brigade, 2nd Infantry Division, which was officially designated the last combat brigade to leave Iraq under Obama's plan to end combat operations in Iraq by Aug. 31.
"Today marks an important milestone in our efforts to protect the Green River Valley from flooding. This afternoon, the Army Corps of Engineers laid out the details for interim repairs that will strengthen the Howard Hanson Dam.
"It is clear that our financial system is in dire need of reform. The serious abuses that have come to light in the last few years are of great concern and we must change how Wall Street does business. Today, Congress passed the Wall Street Reform and Consumer Protection Act - a strong step forward in reforming our financial regulatory systems.
"Today's ruling makes it clear that Airbus airplanes have been illegally subsidized by the European Union governments. This ruling is a big win for Washington state aerospace workers and companies.