LABOR STEPS UP EFFORT TO BLOCK FAST-TRACK
LABOR STEPS UP EFFORT TO BLOCK FAST-TRACK
Labor “ramping up a spring offensive” to stop fast-track. The Hill:
http://thehill.com/policy/finance/234787-labor-fires-back-at-obama-on-trade
“Hundreds of members from the various groups canvassed Capitol Hill, bringing their anti-fast-track message to more than 100 congressional offices … The labor unions have been bracing for fast-track legislation to be introduced in the Senate, but the timeline has been delayed by Senate Finance Committee Chairman Orrin Hatch (R-Utah), who is trying to win the support of Sen. Ron Wyden (D-Ore.), the panel’s ranking member.”
Larry Summers calls TPP “a deal worth getting right” in W. Post oped:
http://www.washingtonpost.com/opinions/its-worth-getting-the-tpp-trade-deal-right/2015/03/08/a1017428-c42f-11e4-ad5c-3b8ce89f1b89_story.html
“… I believe that the right TPP deal is very much in the U.S. national interest … properly negotiated trade agreements … reduce pressure for outsourcing because when barriers fall the incentive to invest abroad in order to avoid paying tariffs is attenuated … [But] it is appropriate in the TPP talks … for us to use the substantial leverage we possess in areas that do bear directly on middle-class living standards. These include the prevention of inappropriate producer subsidies — including through manipulated exchange rates or distorted state enterprise accounting … If global integration means local disintegration, it will be a failure.”
Former Obama Defense Undersecretary Michele Flournoy co-authors WSJ oped making national security case for fast-track:
http://www.wsj.com/articles/michele-flournoy-and-ely-ratner-a-trade-deal-with-a-bonus-for-national-security-1425854510
“Much of the history of the 21st century will be written in Asia, and no region will affect U.S. prosperity and security more in the coming decades … Bipartisan congressional action on fast-track authority would provide a welcome counter to skeptics who question the U.S. commitment to the Asia-Pacific.”
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