Tuesday, April 28, 2015

Congress Strengthens Control in TPA-2015

The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015) keeps Congress firmly in control of the legislative process that implements trade agreements.

In fact, Congress is making sure it has even more control than it did under TPA-2002.

What Role Does Congress Play? First, TPA-2015 instructs the President to follow Congress’s priorities in trade negotiations – and to consult with the House and Senate along the way. But if that doesn’t work, Congress can still act.

What Can Congress Do? Under the legislation, for the first time, either house of Congress can vote to turn off TPA procedures for that chamber if a trade agreement does not meet TPA requirements.

And If That Doesn’t Work? Congress still has the final word on every trade agreement that benefits from TPA – if Congress doesn’t like an agreement, it can vote it down.

For information on the benefits of trade and U.S. trade agreements to America, click HERE.

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