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Fast Track Is Dead Today
Saturday, June 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:
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For more information:
http://blog.aflcio.org/2007/06/30/fast-tra...
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