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Hoffman Cites Bad Risk in Trade Barriers
Paul Hoffman, head of the European Recovery Program, told the Senate appropriations committee that Western Europe must rapidly cut trade barriers or the program could be labeled a bad risk. He urged Europe to reduce barriers in the coming year, defended the proposed ECA funding, and said he plans to spend the approved $3.568 billion over 12 months starting July 1 without seeking more funds.
MENTIONED IN THIS ARTICLE
Washington
Paul Hoffman
Europe
Senate Appropriations Committee
U. S
Hoffman
Senator McCarran
Nevada
Wherry
Nebraska
Senate
ECA
House