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<a href="http://www.accessmylibrary.com/coms2/summary_0286-30855576_ITM" title="Facts and information about Why Bush wants TPA extended: President Bush wants Trade Promotion Authority for the sake of "free trade," but there is a growing grass-roots resistance to the harmful consequences of his trade agenda.(TRADE PROMOTION AUTHORITY)">Why Bush wants TPA extended: President Bush wants Trade Promotion Authority for the sake of "free trade," but there is a growing grass-roots resistance to the harmful consequences of his trade agenda.(TRADE PROMOTION AUTHORITY)</a>
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Why Bush wants TPA extended: President Bush wants Trade Promotion Authority for the sake of "free trade," but there is a growing grass-roots resistance to the harmful consequences of his trade agenda.(TRADE PROMOTION AUTHORITY)
Without action by Congress, the Trade Promotion Authority (TPA) powers of the president will expire at midnight on July 1. This authority, formerly known as Fast Track, was first extended by Congress to President Nixon with the Trade Act of 1974. It has been used to place the United States in such trade pacts as the North American Free Trade Agreement (NAFTA), the World Trade Organization (WTO), and the Central American Free Trade Agreement (CAFTA).
Although the TPA powers have been employed by both Republican and Democrat presidents to get trade pacts through Congress, the TPA-spawned pacts collectively advance a similar agenda. That agenda is euphemistically ...
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