Political Quotes

“the Senate is in the process of considering fast-track legislation--a take-it-or-leave-it procedure for any trade agreements the administration sends to the Congress for approval. This procedure, created back in 1974, prevents Congress from taking any steps to improve trade agreements, even if there is unanimous agreement to do so. While it has only been used five times since its creation, Americans need to understand that it amounts to an abdication of Congress' power, granted under article I, section 8 of the Constitution: ``to regulate commerce with foreign nations.'' Fast track does not provide the President with negotiating authority. The President already has that authority. Agreements are then submitted to Congress for its approval. In fact, this President has concluded over 200 trade agreements since taking office, only 2 of which were approved by Congress under fast-track procedures. Mr. President, much is at stake in this debate. The issue today is how we can best ensure that all Americans--corporate chiefs, shareholders, and workers--can benefit from expanded trade.”