Congress should not grant President Barack Obama authority to conclude another free-trade agreement in Asia. Such a deal would lower American wages and exacerbate income inequality. [Reposted from the blog of Peter Morici | Peter Morici | June 12, 2015] The Trans-Pacific Partnership would eliminate tariffs and lower other regulatory barriers to trade and investment…
Updated at 10:55 a.m.: President Obama signaled after leaving a meeting with the House Democratic Caucus this morning (June 12) that it is still up in the air whether the House later in the day will pass a bill renewing Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) that is a major legislative priority…
Fast track too much power [Reposted from the CS Gazette | Kady Hommel | June 10, 2015] The Founding Fathers designed our government to ensure that no single branch – the executive, legislative or judicial – had too much power. These checks and balances ensure that no branch becomes so strong it threatens our…
For Immediate Release June 10, 2015 R-CALF USA Disappointed But Not Surprised With House COOL Repeal Billings, Mont. – R-CALF USA CEO Bill Bullard issued the following statement in response to today’s vote by the U.S. House of Representatives to repeal country of origin labeling (COOL) for beef, pork, chicken, ground beef and ground pork.…
WASHINGTON — With a final House showdown coming on Friday on President Obama’s push for accelerated power to pursue a sweeping trade agreement, the vote brokering has begun — and it is all tilting to the right. [Reposted from The New York Times | Jonathan Weisman | June 10, 2015] For Representative F. James Sensenbrenner,…
(Republicans in roman; Democrats in italic; Independents underlined) H R 2393 YEA-AND-NAY 10-Jun-2015 10:05 PM QUESTION: On Passage BILL TITLE: Country of Origin Labeling Amendments Act of 2015 YEAS NAYS PRES NV REPUBLICAN 234 10 1 DEMOCRATIC 66 121 1 INDEPENDENT TOTALS 300 131 2 —-…
There is a myth in circulation that economics has vindicated free trade as the best policy across the board, and that anyone who doesn’t believe this “doesn’t understand economics.” [Reposted from The Hill | Ian Fletcher | June 4, 2015] But America’s free-trade agreements, like the mooted Trans-Pacific Partnership, don’t entail free trade at all.…
Luis Parada’s office is just four blocks from the White House, in the heart of K Street, Washington’s lobbying row – a stretch of steel and glass buildings once dubbed the “road to riches”, when influence-peddling became an American growth industry. Parada, a soft-spoken 55-year-old from El Salvador, is one of a handful of lawyers in…
In a sign that the House Republican leadership plans to hold a vote this week on Trade Promotion Authority (TPA) legislation, the House Rules Committee has scheduled an emergency meeting for Wednesday (June 10) at 3 p.m. to draft a rule for floor consideration of the Senate-passed bill to renew TPA and Trade Adjustment Assistance, H.R.…
FOR IMMEDIATE RELEASEJune 10, 2015 CONTACTCaroline Behringer, (202) 226-1007 Levin Statement on TPA Changes in Customs Bill WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) today issued the following statement in regards to changes to the Trade Facilitation and Trade Enforcement Act (“the Customs bill”) made by House Republicans: “Anyone who is thinking of…