House, Senate panels side with corporate cronies on fast track

The House Ways and Means Committee last night misguidingly followed the lead of its Senate counterparts by approving a fast track trade promotion authority (TPA) bill that will allow secret trade deals like the Trans-Pacific Partnership (TPP) to be rammed through Congress.

Demonstrators protest fast track on Capitol Hill Wednesday.

Despite the objections raised by Rep.Sander Levin (D-Mich.) and others on the panel who noted the legislation is a continuation of bad U.S. trade policy over the past two decades, a majority decided to side with big business interests by rejecting amendments by Levin and others that would have beefed up worker protections in fast track.

Levin, the panel's top Democrat, told his fellow committee members:

The TPP negotiators today are not on the right track. In some vital areas, we don't know where the USTR is heading. In other areas, we don't like where they are going. It is simply incorrect to say this TPA puts Congress in the driver's seat. Instead, it puts us in the back seat.

Meanwhile, Rep. Lloyd Doggett (D-Texas) said it seemed fast track supporters were speeding forward with little concern about the possible consequences of the legislation. He said there is a real need for trade to benefit all Americans:

The question is not whether we should have more trade, but what the nature of that trade should be.

The House committee, like the Senate Finance Committee Wednesday night, rejected efforts that would have bolstered currency manipulation provisions so other countries can't rise up the costs of U.S. imports while lowering their export prices to Americans. They also pushed aside concerns about language that would allow foreign corporations to sue the U.S. government over laws on the books that they think hurt their company's business.

Both the House and Senate are expected to bring the fast track bill to the floor next month. It's now even more critical that Teamsters and other fair trade advocates let their lawmakers know that fast track is the wrong track for America.

Slow down on fast track now!

Teamsters raised their opposition to fast track at a Capitol Hill rally last week.

Congress has had years to put together a fast-track bill. But now that one is here, pro-corporate lawmakers are moving as quickly as possible to get the measure through Capitol Hill.

With the House Ways & Means Committee as well as the Senate Finance Committee holding hearings on the legislation this week, it is clear many want to "fast track" fast track trade promotion authority. It doesn't seem to matter what's in the bill or what it will ultimately mean for tens of millions of working Americans.

If approved, this legislation is the vehicle that will ultimately be used to push the 12-nation Trans-Pacific Partnership (TPP) through Congress. You know, the TPP, that still largely secret (to most of us) trade deal that will ship jobs overseas, lower wages at home, and result in unsafe food and products being imported onto our store shelves.

Those on Capitol Hill shouldn't move with all deliberate speed just to ram a measure through before the public can see it. It should be vetted by the public as well as lawmakers. After all, if supporters truly believe fast track will enable good trade deals that will benefit this country, they shouldn't mind giving people a little extra time to figure out what it's all about.

But in a surprise to no one, that's not happening. Instead, supporters know that if they have any chance to get this through, it has to be done quickly. Despite the protestations of those who say the Congress needs to take more time to review the fast-track bill, corporate cronies are moving ahead.

It's not too late to let those on Capitol Hill know they should slow down on fast track. Reach out to your elected officials and tell them it's not acceptable to push through this legislation or lame trade deals like the TPP without adequate review. U.S. workers shouldn't have to pay the price for more big business profits.