Reply #54: Bush makes fresh pitch for free trade - Fast-track authority expires 7/1/07 [View All]

[UpInArms]

http://economictimes.indiatimes.com/News/International__Business/Bush_makes_fresh_pitch_for_free_trade/articleshow/1601933.cms

WASHINGTON: Faced with record trade deficits and intense competition from rapidly growing China and India, US President George Bush has made a fresh pitch for breaking down trade barriers and energising global trade talks.

Free-trade policies making it easier for US companies to sell their products around the globe are an important ingredient to the economy's vitality, he said Monday projecting another year of good - though somewhat slower - economic growth for the country.

In his annual economic report to Congress, Bush called on Congress to extend his authority to negotiate free-trade deals, a request that is likely to face an uphill battle in the Democrat-controlled Congress.

<snip>

Against that backdrop, Bush faces a daunting challenge in getting Congress to renew the Trade Promotion Authority, also known as fast-track authority. It lets the president negotiate trade deals that Congress must approve without amendments. That authority expires July 1.

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remember when the pukes did not want Clinton to have "fast-track authority" and then gave it to shithead the younger? I do so hope that the dems in Congress now let it die an ignoble death.