MythBusters:
Trade
Edition
Dear
Friends,
Like
so
many
of
you,
I
believe
in
American
exceptionalism.
I
know
that
when
we
compete
on
a
level
playing
field,
and
when
our
businesses
and
manufacturers
are
afforded
access
to
the
same
markets
as
our
competitors
overseas,
we
win.
That
is
why
I
support
free
trade.
Here
in
Tennessee
alone,
some
800,000
jobs
are
tied
to
trade.
That’s
not
surprising
when
you
consider
that
more
than
95
percent
of
the
consumers
in
today’s
global
economy
are
outside
our
nation’s
borders.
Free
trade
is
vital
to
building
an
opportunity
economy
and
helping
the
many
families
and
businesses
who
are
struggling
in
today’s
Obama
economy.
But
in
order
to
realize
the
full
benefits
of
free
trade,
we’ve
got
to
make
sure
we
hold
President
Obama
accountable
for
striking
the
best
trade
agreement
possible.
As
the
Obama
Administration’s
unprecedented
concessions
to
Iran
and
Cuba
have
shown
us,
this
President
isn’t
much
of
a
negotiator-in-chief.
We
must
ensure
Congress
has
a
strong
oversight
role
throughout
the
trade
discussions
that
are
happening
right
now
–
not
just
a
vote
at
the
end
of
the
process.
The
trade
promotion
authority
or
“TPA”
legislation
being
debated
in
Congress
will
make
that
possible.
Unfortunately,
some
in
Washington
have
attempted
to
distort
the
facts
on
what
TPA
is
and
is
not.
I
have
heard
from
some
Tennesseans
in
recent
weeks
who
expressed
misgivings
about
this
legislation,
so
I
want
to
share
with
you
why
I
strongly
support
TPA
and,
hopefully,
dispel
some
of
the
myths
about
this
plan
as
well.
In
short,
TPA
is
a
process
for
establishing
trade
agreements.
It
states
that
whenever
the
President
reaches
a
trade
deal,
Congress
will
hold
an
up-or-down
vote
on
the
agreement
–
without
amending
it
–
but
only
if
certain
conditions
are
met.
Congress
has
granted
nearly
every
president
since
Franklin
D.
Roosevelt
some
form
of
TPA
because,
without
it,
other
countries
simply
won’t
put
their
best
offers
on
the
table.
The
TPA
we’re
considering
today,
however,
is
unique
in
that
it
empowers
Congress
by
setting
forth
nearly
150
negotiating
objectives
that
must
be
achieved
in
order
to
guarantee
a
vote
on
the
proposal.
In
other
words,
Congress
is
not
simply
letting
the
President
set
the
terms
of
a
trade
deal
on
his
own,
we
are
driving
the
agenda.
Despite
this,
some
have
still
claimed
that
TPA
takes
power
away
from
Congress
and
hands
it
over
to
the
President.
Nothing
could
be
further
from
the
truth.
In
fact,
a
new
report from
the
nonpartisan
Congressional
Research
Service
states
very
clearly,
"TPA
grants
no
new
authority
to
the
President."
Under
current
law,
the
President
is
free
to
negotiate
trade
deals
as
he
pleases
without
consulting
Congress
–
he
simply
has
to
get
our
signoff
on
the
final
agreement.
With
TPA,
however,
Congress
has
a
voice
throughout
these
discussions.
That
is
why,
when
the
Senate
voted
on
TPA
recently,
fellow
conservatives
like
Ted
Cruz
supported
the
measure.
Others
have
stated
that
TPA
will
pave
the
way
for
the
President
to
cut
a
“secret”
trade
deal.
Our
bill
does
just
the
opposite.
It
explicitly
requires
the
Administration
to
make
the
text
of
its
trade
agreements
public
for
at
least
sixty
days
before
Congress
even
considers
it
for
a
vote.
Finally,
some
in
the
media
have
confused
TPA
–
a
vehicle
for
negotiating
trade
deals
–
with
“TPP”
also
known
as
the
Trans
Pacific
Partnership
–
a
specific
trade
agreement
the
President
is
seeking
to
negotiate
with
11
countries
in
the
Asia-Pacific
region.
A
vote
for
TPA
does
not
automatically
approve
the
Trans
Pacific
Partnership.
Rather,
it
ensures
that
when
the
deal
is
finalized,
the
American
people
will
be
able
to
hear
exactly
what
is
in
it,
and
Congress
will
vote
it
up
or
down.
Governor
Mitt
Romney,
who
also
supports
TPA,
put
it
this
way:
“I
can't
be
sure
that
President
Obama
can
negotiate
a
trade
deal
that's
good
for
America,
but
I
am
sure
that
the
Republican
Congress
will
turn
down
one
that's
not.”
Under
TPA,
Congress
retains
our
power
to
do
exactly
that.
TPA
is
good
for
jobs,
good
for
families,
and
good
for
Tennessee.
Sincerely,
Diane
Black Member
of
Congress |