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Fast Track Is Dead Today

by Tula Connell, Jun 30, 2007

Quick note on a happy event: Fast Track trade-promotion authority expires today. Fast Track allows the president to push through trade deals with no amendments from Congress, such as those that would ensure the deals don’t destroy good U.S. jobs.

Fast Track has been a major weapon in President Bush’s trade arsenal, helping produce flawed agreements such as the Central American Free Trade Agreement (CAFTA) and the proposed agreements with Colombia and South Korea.

Yesterday, four top House leaders said they are united in opposition to two key free trade deals and do not intend to renew Fast Track. Speaker Nancy Pelosi (D-Calif.), Majority Leader Steny Hoyer (D-Md.), Ways and Means Chairman Charles Rangel (D-N.Y.) and Ways and Means Trade Subcomittee Chairman Sander Levin (D-Mich.) said:

Our legislative priorities do not include the renewal of Fast Track authority. Before that debate can even begin, we must expand the benefits of globalization to all Americans.

Fast Track has sped up all the worst aspects of globalization.  But now Fast Track is dead. Long live the public will over Fast Track deals.

Noting that Fast Track authority gives Bush a “blank check” in negotiating bad trade deals, AFL-CIO President John Sweeney says: 

For the last six years, this administration has negotiated one bad trade deal after another, each agreement passing by the slimmest of margins, over the objections of working people worldwide.  

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3 Comments

  1. […] AFL-CIO Weblog | Fast Track Is Dead Today […]

  2. Cynical on 02.07.2007 at 18:02 (Reply)

    I keep wondering why some of our leaders hate the American way of life so much for the average people. Of course, their way of life continues, ours deteriates. The average working people are the ones who built this country, not slave labor in India, Taiwan, China and others.

  3. Al on 04.07.2007 at 10:27 (Reply)

    The time for slapping Bush in the face is way overdue. I have hopes that this slap will not be the last. The last hit should be square in his ass when he is kicked out of office. King George is losing his power, little by little…….thank god,,,,better yet, thank the people that have FINALLY had the guts to stand up to him. Al

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