Although under the law the only justification for import restrictions is to protect the national security. the task force called the present quotas unnecessarily restrictive. and specifically found "that a phasedin liberalization of import controls would not so injure the domestic industry as to weaken the national economy to the extent of impairing our national security." The task force proposal to replace quotas with a tariff is a conservative and cautious step. but it is a step in the right direction. Consumers would save four or five times as much if import controls were removed entirely. Mr. REUSS and I are convinced. Mr. Speaker. that even greater reform is needed to reduce the strain on the consumer. My bill to phase out the quota system entirely over a 10year period. first introduced last May. is now cosponsored by Mr. REUSS and 64 of our House colleagues. To further clarify todays action.
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quota system