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March 5, 2015

How About a Real Debate on Trade?

Sen. Orrin Hatch (R-Utah) just announced that fast-track trade legislation won't be introduced until April. Thanks to the objections of Sen. Ron Wyden (D-Oregon), the effort to fast-track fast track has been put on hold. Fast track -- "Trade Promotion Authority" -- is designed to grease the skids for passage of the Trans Pacific Partnership (TPP) trade agreement that is still being negotiated behind closed doors. The postponement opens up a month to have a true national debate on our global trade tax policies. Surely one is long overdue. To aid in that debate, the Congressional Progressive Caucus has released its "Principles for Trade: A Model for Global Progress," which shows that there could be an alternative to the TPP, a global strategy designed to benefit workers, not investors, and serve the nation's interests, not the special interests of global companies and banks. The CPC seeks more trade, but on terms that will strengthen, not sabotage, working families.

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