Fast Track Fails — House Vote Underscores Broad Opposition to Bad Trade Policy
FOR IMMEDIATE RELEASE
June 12, 2015
Contact: Sara Haimowitz, sara
Coalition for a Prosperous America New Release:
House Vote Underscores Broad Opposition to Bad Trade Policy
WASHINGTON (June 12, 2015) – The following statement was released today by Coalition for a Prosperous America CEO Michael Stumo in response to the announcement that the vote for Trade Promotion Authority (TPA) would be postponed:
“Today’s postponement is ‘a shot heard round the world’ in trade circles, showing the strong and broad-based opposition of America’s producers to the broken promises, lost jobs and unrealized prosperity from bad trade policy.
“Lawmakers indeed understand that by supporting TPA, the firm ground they are accustomed to standing on could easily turn to quicksand, sinking their future political aspirations. That, in and of itself, explains today’s delayed vote.
“Hopefully this will give this nation a chance to pause and rethink its approach to future trade policy. The primary goal of future trade deals should be balancing the trade deficit and ensuring our trading partners are not manipulating or outright ignoring the rules to ensure full employment, wealth creation and broadly shared prosperity in the US."
The Coalition for a Prosperous America is a nonprofit organization representing the interests of 2.7 million households through our agricultural, manufacturing and labor members.