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Author: Congressional Research Service: The Libr Publisher: BiblioGov ISBN: 9781293253427 Category : Languages : en Pages : 22
Book Description
One of the major trade issues in the 107th Congress is whether or not Congress approves trade promotion authority (formerly called fast-track authority) for the President to negotiate trade agreements with expedited procedures for implementing legislation. Under this authority, Congress agrees to consider legislation to implement the trade agreements (usually nontariff trade agreements) under a procedure with mandatory deadlines, no amendment, and limited debate. The President is required to consult with congressional committees during negotiation and notify Congress before entering into an agreement. The President was granted this authority almost continuously from 1974 to 1994, but the authority lapsed and has not been renewed. A major issue has been the role of labor and the environment as objectives in trade agreements. Differences have been largely along party lines. On December 6, the House passed TPA bill H.R. 3005 along party lines by a vote of 215-214. The bill covers tariff and nontariff agreements entered into by June 1, 2005. For expedited procedures to apply to legislation to implement a trade agreement, the agreement would have to "make progress" toward meeting the outlined negotiating objectives and satisfy other specified conditions. The President would have to consult with congressional bodies, including the ...
Author: Congressional Research Service: The Libr Publisher: BiblioGov ISBN: 9781293253427 Category : Languages : en Pages : 22
Book Description
One of the major trade issues in the 107th Congress is whether or not Congress approves trade promotion authority (formerly called fast-track authority) for the President to negotiate trade agreements with expedited procedures for implementing legislation. Under this authority, Congress agrees to consider legislation to implement the trade agreements (usually nontariff trade agreements) under a procedure with mandatory deadlines, no amendment, and limited debate. The President is required to consult with congressional committees during negotiation and notify Congress before entering into an agreement. The President was granted this authority almost continuously from 1974 to 1994, but the authority lapsed and has not been renewed. A major issue has been the role of labor and the environment as objectives in trade agreements. Differences have been largely along party lines. On December 6, the House passed TPA bill H.R. 3005 along party lines by a vote of 215-214. The bill covers tariff and nontariff agreements entered into by June 1, 2005. For expedited procedures to apply to legislation to implement a trade agreement, the agreement would have to "make progress" toward meeting the outlined negotiating objectives and satisfy other specified conditions. The President would have to consult with congressional bodies, including the ...
Author: Lenore Sek Publisher: ISBN: Category : Languages : en Pages :
Book Description
This report discusses one of the major trade issues in the 107th Congress: whether or not Congress approves authority for the President to negotiate trade agreements with expedited, or "fast track" procedures. Under this authority, Congress agrees to consider legislation to implement the nontariff trade agreements under a procedure with mandatory deadlines, no amendment, and limited debate. The President is required to consult with congressional committees during negotiation of nontariff trade agreements and notify Congress before entering into any such agreement. The President was granted fast-track authority almost continuously from 1974 to 1994, but the authority lapsed and has not been renewed.
Author: Congressional Research Service: The Libr Publisher: BiblioGov ISBN: 9781294251989 Category : Languages : en Pages : 22
Book Description
One of the major trade issues in the 107th Congress was whether or not Congress would approve trade promotion authority (formerly called fast-track authority) for the President to negotiate trade agreements with expedited procedures for implementing legislation. Under this authority, Congress agrees to consider legislation to implement the trade agreements (usually nontariff trade agreements) under a procedure with mandatory deadlines, no amendment, and limited debate. The President is required to consult with congressional committees during negotiation and notify Congress at major stages. The President was granted this authority almost continuously from 1974 to 1994. After that, the authority lapsed. On December 6, 2001, the House passed trade promotion authority (TPA) bill H.R. 3005 by a vote of 215-214. An important issue was the designation of labor and the environment as negotiating objectives. On May 23, 2002, the Senate wrapped TPA into a comprehensive trade bill, H.R. 3009, "the Trade Act of 2002." The bill included TPA (in title XXI), reauthorization of Andean trade preferences, extension of the Generalized System of Preferences, and trade adjustment assistance (TAA). Two controversial differences with the House were: (1) the so-called Dayton-Craig amendment, which would allow the removal from an implementing bill any provisions to ...
Author: Hal Shapiro Publisher: BRILL ISBN: 9047440005 Category : Law Languages : en Pages : 416
Book Description
Fast track was conceived as a mundane procedural mechanism to enhance the president's credibility in negotiating complex multilateral trade agreements by streamlining the congressional approval process into an up-or-down vote in return for enhanced congressional oversight. It allows the President to negotiate international trade agreements knowing that Congress will provide a timely vote on the agreement without amendments. Given its seminal importance to the trade debate, however, fast track has acquired greater significance and controversy. This incisive text examines whether fast track is an evolutionary advancement in U.S. international economic agreements or an end-run around the constitutional treaty provision; whether it is a reflection of the shared constitutional powers of Congress and the President in the area of foreign affairs or an unconstitutional abdication of Congress’s power to regulate foreign commerce and its ability to set its own procedural rules; whether fast track is needed to put the United States on even footing with other nations that have efficient international agreement approval mechanisms or a unique U.S. ratification short-cut not found elsewhere; whether there is a better way for the United States to approve and implement trade agreements; whether the arguments of the left and right on fast track need a new focus; and whether there is a role for the states to play in U.S. trade policy formation. Fast Track argues that the time has come for the United States to end its perennial debate over the process by which we approve international trade agreements – i.e., whether to resort to fast track or not – and begin a debate on how best to prepare American citizens to compete in a globalized world. There are signs that the United States is not ready and may even be falling behind. Without question, this book can help formalize a requisite national strategy. Published under the Transnational Publishers imprint.
Author: J. F. Hornbeck Publisher: BiblioGov ISBN: 9781294021810 Category : Languages : en Pages : 30
Book Description
On July 1, 2007, Trade Promotion Authority (TPA -- formerly known as fast track), expired. TPA is the authority Congress grants to the President to enter into certain free trade agreements (FTAs), and to have their implementing bills considered under expedited legislative procedures, provided he observes certain statutory obligations in negotiating them. TPA allows Congress to exercise its constitutional authority over trade, while giving the President added leverage to exercise his authority to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements are given swift and unamended consideration. TPA reflects years of debate, cooperation, and compromise between Congress and the Executive Branch in finding a pragmatic accommodation to the exercise of each branch's respective authorities. The core provisions of the fast track legislative procedures have remained unchanged since first enacted in 1974, although Congress has expanded trade negotiation objectives, oversight, and presidential notification requirements. While early versions of fast track/TPA received broad bipartisan support, renewal efforts became increasingly controversial as fears grew over real and perceived negative effects of trade, and as the trade debate became more partisan in nature, culminating in a largely party-line vote on the 2002 renewal. The current renewal debate is centered on ...
Author: Hal S. Shapiro Publisher: BRILL ISBN: 9004509445 Category : Law Languages : en Pages : 310
Book Description
Fast Track is the story of the rise and fall of U.S. leadership in international trade. Fast Track authority is the process Congress devised to approve trade agreements, giving Congress input into negotiations in exchange for a timely up-or-down vote. Foes derided it as a procedural gimmick, but it helped forge a bipartisan consensus on trade policy. Despite its successes, it was also fragile. The bipartisan consensus has since frayed and Fast Track has lapsed, allowing other countries to fill the void. This book discusses how Fast Track worked and offers a path for rebuilding consensus in favor of its renewal.
Author: Congressional Research Service: The Libr
Author: Congressional Research Service: The Libr
Author: Lenore Sek
Author: Congressional Research Service: The Libr
Author: Carolyn C. Smith
Author: Hal Shapiro
Author: Lenore Sek
Author: J. F. Hornbeck
Author: Lenore Sek
Author: Carolyn C. Smith
Author: Hal S. Shapiro