The Disastrous Fast Track bill, now called the “Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” has officially been dropped in Congress. Leaders on the Tax Writing Committee have reached an agreement to give President Obama TPA. According to the New York Times, the TPA bill was unveiled Thursday afternoon.
President Obama has been working hard and in secret to pass the Trans Pacific Partnership (TPP). The TPP is an enormous, multilateral “free trade” agreement that encompasses 40 percent of world trade and 40 percent of global GDP. Currently the countries involved including the U.S. are Japan, Canada, Mexico, Chile, Peru, Australia, New Zealand, Vietnam, Singapore, Malaysia, and Brunei. This trade agreement is 29 chapters long, of which only 5 really have to do with trade. The agreement will have huge impacts on immigration, environmental issues, government procurement, food safety, and intellectual property. All of these are issues that affect Americans directly, yet Americans have been left in the dark completely.