Political Quotes

“Mr. President, International trade is a vital part of our Nation's economy. Nearly one-third of the country's gross domestic product is supported by trade in goods and services and, indeed, my State of Rhode Island exported goods totaling $2.4 billion in 2014. It is also a key component of our international partnerships and global security efforts. However, the question today is not whether we should engage in trade. It is about the bill before us, and whether trade promotion authority, TPA, so-called ``fast-track,'' is in our best interest. It remains my view that Congress has a critical role to play in thoroughly vetting trade agreements. Passing this legislation takes away this role, reducing Congressional approval to an up-or-down vote. The bill before us today would also prohibit amendments and limit debate to just 20 hours. I believe that the scope and complexity of modern trade agreements demand more time for debate and a greater ability to contribute than this framework provides. Further, this bill allows for a 6-year grant of TPA, meaning that any trade agreement under any administration over the next several years could receive this expedited approval. A number of trade agreements are currently being negotiated and it is impossible to know what additional trade deals may be pursued and what other factors, both here and abroad, may change over the course of the next several years.…”