Washington, D.C. – It has been one week
since Senator Max Baucus, Senator Orrin Hatch and Congressman Dave Camp introduced
the long-awaited fast
legislation. This outdated version of trade
would strip Congress of its Constitutionally-granted role on trade
agreements in favor of a “take it or leave it” stamp of approval on the massive and
secretive 12-country Trans-Pacific Partnership (TPP
But one week later, there is plenty of evidence that fast track authority is going down to defeat. Here are the top 10 reasons “fast track” is going nowhere:
Senate Majority Leader Harry Reid said he is not making time
on the Senate floor to
debate the measure.
A hearing in the Senate Finance Committee backfired
when Sen. Sherrod Brown exposed supporters of not understanding, or even opposing, key portions of the legislation.
Seventeen Democratic Senators have signaled
their opposition to
the current version of fast track
Broad ideological opposition — dozens of Tea Party groups and business coalitions from across the country have come out against fast track
President Obama did not
even bring up fast track
when he met with Senate Democrats to
discuss is agenda for 2014.
that President Obama’s focus on addressing economic inequality will be undercut if he also prioritizes fast track
and the TPP
are raising concerns and seeing clarification about how TPP
will threaten U.S. sovereignty, consumer protections and other issues.