On the campaign trail, Donald Trump promised the biggest tax cuts since the Reagan era and proposed reforms that would drastically increase our country’s already extreme levels of inequality. Now theRepublican-controlled Congress is considering ramming through tax reforms in the first half of 2017, using a “fast-pass” process called reconciliation that requires just 51 votes in the senate. If Trump’s plan becomes the blueprint for …
Maira Sutton – More Closed-Door Meetings, a New Chief Transparency Officer, and Growing International Opposition to the Deal: What’s Going on with the TPP
Over the past month, trade officials have been frantically working to resolve outstanding disagreements over provisions in the Trans-Pacific Partnership (TPP) in the midst of speculation that the deal is in deep trouble. At this late stage of negotiations, the U.S. Trade Representative (USTR) has pretty much abandoned all remaining pretense of transparency in its consideration of these remaining policy …
Congress Should Protect Itself From The Executive Branch – Paul Craig Roberts
Gary Hart was a good senator, an independent person. Consequently, he was eliminated with a sexual scandal. The woman was a ten, and the powers that be got rid of Hart. Better to go that way than with an airplane crash or a frame-up that leads to prison like happened to US Rep. George Hanson and others including Dan Rostenkowski, …
Obama, Republicans push anti-China trade pact – Patrick Martin
Both the US Senate and House of Representatives have begun action on legislation to grant President Obama Trade Promotion Authority, also known as “fast-track” authority, which would enable the US government to finalize the Trans-Pacific Partnership, a trade agreement with 11 other countries in Asia and the Americas. The Senate Finance Committee on Wednesday, in a 20-6 vote, approved the …
Fast Track to Hell: Trade Bill Officially Introduced in Congress – Deirdre Fulton
The fight over Fast Track just got real. U.S. House and Senate leaders announced Thursday afternoon that they have reached a deal on legislation aimed at jamming the Trans Pacific Partnership through Congress. “Congress shouldn’t throw Americans under the bus by giving up its authority over this unprecedented giveaway to multinational corporations.” —Murshed Zaheed, CREDO The so-called Fast Track bill (The Bipartisan …
Fast Track to Hell: Trade Bill Officially Introduced in Congress – Deirdre Fulton
The fight over Fast Track just got real. U.S. House and Senate leaders announced Thursday afternoon that they have reached a deal on legislation aimed at jamming the Trans Pacific Partnership through Congress. “Congress shouldn’t throw Americans under the bus by giving up its authority over this unprecedented giveaway to multinational corporations.” —Murshed Zaheed, CREDO The so-called Fast Track bill (The Bipartisan …
TPP Opponents Mobilize as Powerful Forces Seek to Ram Through ‘Fast Track’ Trade Authority
With Congress “dangerously close” to ramming through trade promotion authority, or Fast Track, by mid-April—in turn smoothing the way for passage of corporate-friendly trade deals like the Trans-Pacific Partnership—lawmakers and activists are scrambling to sway key figures in the debate. Senate Majority Leader Mitch McConnell (R-Ky.) reportedly said last week that he wants the Senate Finance Committee to approve a Fast Track …