WASHINGTON — In an interview with C-SPAN, Wisconsin’s First District Congressman and House Ways and Means Chairman Paul Ryan made the case for Congress passing trade promotion authority explaining how it empowers the legislative branch in trade agreements. Ryan also argued that the U.S. must provide a counterweight to China and take the lead in writing the rules of the global… Read more

By Charles Krauthammer That free trade is advantageous to both sides is the rarest of political propositions—provable, indeed mathematically. David Ricardo did so in 1817. The Law of Comparative Advantage has held up nicely for 198 years. Nor is this abstract theory. We’ve lived it. The free-trade regime created after World War II precipitated the most… Read more

WASHINGTON — Today, Ways and Means Oversight Subcommittee Chairman Peter Roskam (R-IL) released the following statement after reports that the Internal Revenue Service (IRS) and Department of Justice (DOJ) returned the wrongfully seized $107,000 bank account of North Carolina business owner Lyndon McLellan, which was taken without any suspicion of illicit activity. "What the IRS and… Read more

WASHINGTON — House Ways and Means Committee Chairman Paul Ryan (R-WI) released the following statement after the Senate passed its versions of the Trade Preferences Act and the Trade Facilitation and Trade Enforcement Act as well as achieved cloture on a package that includes the Bipartisan Congressional Trade Priorities and Accountability Act (TPA). "A robust… Read more

"TPA grants no new authority to the President," says a new report by the nonpartisan Congressional Research Service. "The President possesses inherent authority to negotiate with other countries to arrive at trade agreements. If any such agreement requires changes in U.S. law, however, it could be implemented only through legislation enacted by Congress." Taking head-on a lot of myths… Read more

WASHINGTON — This morning, House Ways and Means Chairman Paul Ryan (R-WI) spoke to Fox & Friends about the importance of Congress coming together to move forward on Trade Promotion Authority (TPA) legislation, so that we can get new trade agreements that will open up new markets for our products and create good-paying jobs… Read more

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President Reagan with James Baker, Clayton Yeutter, and Allan Gotlieb signing the Canada United States Free Trade Agreement Implentation Act in the Rose Garden. 9/28/88. On this #ThrowbackThursday, we look back at one of the biggest champions of expanding American trade: Ronald Reagan. Our… Read more

WASHINGTON — This morning, House Ways and Means Chairman Paul Ryan spoke with CNBC’s Squawk Box on why Congress needs to come together and pass trade promotion authority legislation.  Excerpts from his remarks follow. “I can't imagine the Democrats are going to deal the leader of their party, the President, this kind of… Read more

Opponents of trade agreements have spun up all kinds of fallacies in an attempt to stop bipartisan trade promotion authority (TPA) legislation, offered by Ways and Means Chairman Paul Ryan (R-WI). The latest, however, is perhaps the most ludicrous: that a pending trade agreement will somehow lead to restrictions on firearms and ammunition. Let’s just stop right there. Not gonna… Read more