Episode Details

This week, a bill was introduced in both the House and the Senate that would hand Congress' power to negotiate trade deals, such as the Trans-Pacific Partnership, over to the President. We also look at the budget agreement to get an idea of what Congress is putting into their last-minute must-sign-by-next-week budget. Finally, thoughts on the golf swing. Information Presented in This Episode Fast Track for Trade Agreements On Thursday, January 9, Max Baucus, retiring Democrat in the Senate, and Orrin Hatch and Dave Camp, two shameless Republicans in the House, introduced a bill that would hand their power to negotiate and enter into trade agreements to the President. This bill would provide the President with so-called "fast track" authority to enter into both the Trans-Pacific Partnership (TPP) and a trade deal with the European Union. Fast track authority makes it much, much easier for these controversial deals to become law. Text of the "Bipartisan Congressional Trade Priorities Act of 2014" CD052: Episode detailing what we know about the secretive TPP CD053: Episode detailing the leaked Intellectual Property chapter of the TPP The bill starts off with Section 2, which lists a whole bunch of wonderful sounding goals - "objectives"- for the United States' trade agreements with other nations. Some of these lofty goals include opening up new markets, protecting the environment, protecting United States' family farms, encouraging foreign investment in the United States, protection of intellectual property rights, transparency, fair labor practices, and anti-corruption. Too bad none of these things are actually enforceable. The reason these goals are unenforceable is that regardless of whether any of these "objectives" are actually met by the trade agreement, page 35 authorizes the President of the United States, and only the President of the United States, to enter into trade agreements with foreign countries on or before July 1, 2018. There's some wiggle room with that date. The expiration date will be automatically extended until July 1, 2021 if the President asks for the extension as long as "neither House of Congress adopts an extension disapproval resolution" before July 1, 2018. If Congress does nothing; the extension is automatically approved. And doing nothing is one area where Congress performs extremely well. In order to enter into a trade agreement, the President merely has to inform Congress of his intentions to do so. He also has to let them pretend to have a say in "consultation" meetings, but there are no consequences if the majority of Congressional representatives disagree with the substance of the trade agreement, even if they can prove that the trade agreement does not meet the "objectives" listed in the beginning of the bill. In fact, Congress might not know the substance of the trade agreement because page 83 doesn't require the President to submit the final text to Congress until after he has entered into the agreement. From there, Congress will only be permitted to vote on whether or not to implement the President's trade agreement; no amendments to the agreement will be allowed. Congress did insert some language into the bill that is supposed to make us feel better about all this. First, page 87 says that Congress must be given the text of the trade agreement before the "implementing bill" comes up for a vote. What it doesn't say is how much time they'll get to read it. In theory, the President could give them the text of the trade agreement an hour before the vote and he will have fulfilled his obligations. Section 8 is the only source of real hope in the bill. It essentially says that trade agreement provisions that are different from or that change United States laws are not enforceable. It also says that any findings or recommendations of "dispute settlement panels" will have "no binding effect" on the law of the United States. Canada is being sued for $250 million in lost profits for their fracking