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Fast Track

Anti-Fast-Track Momentum Builds

Dave Johnson | Posted 03.05.2015 | Politics
Dave Johnson

More and more public-interest organizations are organizing and denouncing the rigged fast-track approval process and TPP trade agreement. One after another, members of Congress are announcing opposition to fast track and demanding that trade problems like currency manipulation be covered by the TPP agreement.

How About a Real Debate on Trade?

Robert L. Borosage | Posted 03.05.2015 | Politics
Robert L. Borosage

The Congressional Progressive Caucus has released "Principles for Trade," showing 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.

Ryan Grim

Trade Deal Already Hurting Democrats

HuffingtonPost.com | Ryan Grim | Posted 03.04.2015 | Politics

WASHINGTON -- If Sen. Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee, helps push through a massive free trade deal using fast-t...

TPP: Warren Versus Zients. Warren Wins

Larry Cohen | Posted 03.02.2015 | Politics
Larry Cohen

Even the President admits there is reason to be skeptical based on past trade agreements. This time let's read the 1,200 pages before we write a blank check based on wishful thinking.

The Senate Blockbuster Showdown on Trade the Media Missed

Dave Johnson | Posted 03.02.2015 | Politics
Dave Johnson

A fight is coming because past trade deals have cost jobs and wages, devastated entire regions, and accelerated corporate power and income/wealth inequality -- which it is becoming clear was the intent.

Lame White House Response to Sen. Warren's Warning About TPP Investor Privileges

Lori Wallach | Posted 03.02.2015 | Politics
Lori Wallach

The response, which was framed as answers to "important questions" raised by Warren, recycles the litany of platitudes, half-truths and straw-man distractions that comprise the White House talking points on investor-state dispute settlement. But it failed to answer the fundamental question raised by Warren's oped: Who will benefit from the TPP?

Dana Liebelson

Here's What One Member of Congress Says The Obama Administration Is Hiding About Its Trade Deals

HuffingtonPost.com | Dana Liebelson | Posted 02.27.2015 | Politics

WASHINGTON -- A Democratic congressman sent a letter Tuesday that reveals how the Obama administration denied his requests to view closely held U.S. t...

Fighting Fast Track: Is It Really China or Us?

Larry Cohen | Posted 02.20.2015 | Politics
Larry Cohen

This is not what democracy looks like -- secret trade deals rammed through in record time that guarantee fat corporate profits, but likely result in net job loss and wage competition that leads to pay stagnation in the U.S. for years to come.

Zach Carter

Top Democrat Pushes Back On Expanding Obama's Trade Powers

HuffingtonPost.com | Zach Carter | Posted 02.20.2015 | Politics

WASHINGTON -- The biggest economic policy fight of 2015 is creating serious headaches for congressional Democrats, and particularly Sen. Ron Wyden (D-...

Dana Liebelson

Secretive Trade Deal Could Pose Problems At Home For Senate Democrat

HuffingtonPost.com | Dana Liebelson | Posted 02.19.2015 | Politics

WASHINGTON -- Sen. Ron Wyden (Ore.) is a key Democrat whom Republicans want on their side in their quest to grant President Barack Obama the authority...

Dana Liebelson

Democrat Says Obama Administration Dodging Request To Read Trade Deals Without Restrictions

HuffingtonPost.com | Dana Liebelson | Posted 02.16.2015 | Politics

WASHINGTON -- A Democratic congressman has accused the Obama administration of dodging his request for "unimpeded" access to two controversial trade a...

Will the United States End Up Like Greece? The Risks of the Trans-Pacific Partnership

Dean Baker | Posted 02.09.2015 | Business
Dean Baker

For years people have been running around Washington yelling that the United States was at risk of becoming Greece. There may actually be a basis for such concerns, but not for the reason usually given.

'Free Trade' Agreements Promoted for Corporate Benefit Gut the Middle Class, Expand Wealth Inequity & Accelerate Immigration

Michele Swenson | Posted 02.12.2015 | Politics
Michele Swenson

The Washington ruling class often speak out of both sides of their mouths. The political focus in 2015 has shifted abruptly, in word if not in deed, to the middle class.

The Worst Trade Deal You've Never Heard Of

Robert Reich | Posted 01.31.2015 | Politics
Robert Reich

The Trans-Pacific Partnership, now headed to Congress, is a product of big corporations and Wall Street, seeking to circumvent regulations protecting workers, consumers, and the environment.

Let's Take Apart the Corporate Case for Fast Track Trade Authority

Dave Johnson | Posted 01.30.2015 | Business
Dave Johnson

U.S. Trade Representative (USTR) Michael Froman appeared before Congress Tuesday to make the corporate argument for "fast track" trade promotion authority.

Zach Carter

Republicans Defend Obama's Trade Pact While Pressing To Deregulate Banks

HuffingtonPost.com | Zach Carter | Posted 01.27.2015 | Politics

WASHINGTON -- Senate Republicans on Tuesday offered to help President Barack Obama pass a sweeping trade package, while pressing for measures to dereg...

No Time to Waste in Letting Public, Lawmakers Know About Fast Track

James P. Hoffa | Posted 01.26.2015 | Business
James P. Hoffa

Not everyone is aware of the consequences that a quick up-or-down vote on the 12-nation Pacific Rim trade deal will bring. It will devastate not only wage earners, but their families as well.

Dana Liebelson

Key Democrat Offers Obama Hope On Fast Track Authority For Secretive Trade Deals

HuffingtonPost.com | Dana Liebelson | Posted 01.23.2015 | Politics

WASHINGTON -- One of the most powerful House Democrats on trade offered a ray of hope to President Barack Obama on Thursday, seeking to draw attention...

What Obama Got Wrong in His State of the Union Remarks on Trade

Dave Johnson | Posted 01.30.2015 | Business
Dave Johnson

The president briefly spoke about trade in his state of the union speech. He admitted that "past trade deals haven't always lived up to the hype," but then he called for doing more of the same.

SOTU Schizophrenia: Middle-Class Jobs vs. Fast Track and TPP

Lori Wallach | Posted 01.20.2015 | Politics
Lori Wallach

Either Obama will be the president whose initiatives to address income inequality and wage stagnation helped rebuild America's middle class, or he will prioritize a trade agenda that will offshore more good-paying jobs, destroy what is left of the American manufacturing sector, increase income inequality and speed the demise of America's middle class.

Not So Fast, Congress

Leo W. Gerard | Posted 01.19.2015 | Politics
Leo W. Gerard

Instead of the plodding turtle he's normally satirized as, Senate Majority Leader Mitch McConnell is all cat-on-a-hot-tin-roof about Trade Promotion Authority, better known as Fast Track.

What You Need to Know When Obama Talks Trade

Dave Johnson | Posted 01.15.2015 | Business
Dave Johnson

President Obama is likely to use the State of the Union to push for passage of the Trans-Pacific Partnership (TPP) and the rigged "fast track" trade promotion authority. Here are some facts to counter the expected public relations campaign.

Dana Liebelson

Democrats Slam Obama Over Secretive Trade Deals, Say He Needs 'Refresher' Economics Class

HuffingtonPost.com | Dana Liebelson | Posted 01.08.2015 | Politics

WASHINGTON -- House Democrats took President Barack Obama to task on Thursday for urging Congress to grant him the authority to fast-track huge intern...

Michael McAuliff

Mitch McConnell Pledges Fast Action For Secretive Trade Deals

HuffingtonPost.com | Michael McAuliff | Posted 01.07.2015 | Politics

WASHINGTON -- New Senate Majority Leader Mitch McConnell (R-Ky.) pledged Wednesday to move full speed ahead to give President Barack Obama so-called f...

Fight Back Against Fast Track

Larry Cohen | Posted 01.07.2015 | Politics
Larry Cohen

Except for corporate management and their large shareholders, the rest of us will lose big if Fast Track is adopted, making TPP a certainty.