Trade Promotion Authority—or TPA—is a partnership between Congress and the administration that ensures the United States secures the most effective trade agreements possible. TPA also brings greater transparency to the negotiating process by empowering Congress to conduct vigorous oversight and hold the administration accountable.
Transparency
TPA guarantees Congress a…
Read more
Opponents of expanding American exports are going to great lengths to attack trade promotion authority (TPA) as well as a trade agreement currently being negotiated with our Asia–Pacific partners and allies, called the Trans-Pacific Partnership (TPP). The latest is to tie these trade measures to the president’s immigration agenda—and it has no basis in fact.
For starters, temporary…
Read more
"The IRS
works for the taxpayer, not the other way around," as Chairman Ryan said not long ago. Or at least it should. It sure doesn't feel that way on April 15—Tax Day. And over the past few years, the IRS has sapped public faith in the institution through mismanagement and outright abuse of power: targeting people because of their political beliefs, precipitously seizing small…
Read more
Editorial boards across the country are speaking out in favor of expanding U.S. trade with other countries. With 96 percent of the world's customers outside the U.S., American job creators need to sell more products overseas to create more jobs here at home. And these opinion leaders understand that the first key step to expanding U.S. trade is passing trade promotion authority.
The…
Read more
Trade-deal doomsayers are raising a stink about one of the more mundane procedures of trade law: the investor-state dispute settlement (ISDS). These critics are determined to torpedo job-creating trade agreements, and they’re leaving no hyperbole behind. The way they tell it, ISDS panels are corporate shills that gut public-safety regulations and undermine U.S. sovereignty.
Do they have…
Read more
Expanding
and deepening trade relationships produces stronger national security. That was the message today from newly confirmed Secretary of Defense Ashton Carter. And he's calling for a "full-court press" to advance American trade with other nations.
Speaking at the Global Chiefs of Mission Conference in Washington, Secretary Carter noted that "by…
Read more
Last
week, the Ways and Means Select Revenue Measures Subcommittee heard from family businesses and farmers struggling to pay or simply plan for the death tax. This hearing highlighted real people who work hard and save for their whole lives so they can pass on their family farms or businesses to loved ones. But these very people face overwhelming burdens thanks to death…
Read more
This week, the House has an opportunity to finally move beyond one of the more problematic policy issues of this century: the sustainable growth rate (SGR). This flawed Medicare formula, which regularly threatens huge cuts to reimbursements for seniors' care, has borne a cycle of funding crises and short-term fixes since 2003. It has also created instability for seniors and devoured…
Read more
Americans deserve a government that’s efficient and effective, but that’s not exactly how you’d describe the IRS. So on Wednesday, the Ways and Means Committee will take up a series of bills based on the Tea Party targeting investigation to change how the IRS does business. And recently, the Ways and Means Oversight Subcommittee, led by Chairman Peter Roskam (R-IL), has upped…
Read more
As Rep. Kevin Brady (R-TX) recently said, the death tax "hurts the wrong people": the small business and the family farm. That's why the Ways and Means Select Revenue Measures Subcommittee is holding a hearing today on this unfair, unnecessary tax.
Under current law, Uncle Sam takes a 40 percent cut from your taxable estate when a person passes away.…
Read more