House Ways and Means Chairman Rep. Paul Ryan (R-WI) joined NPR Wednesday with Steve Inskeep to stress why he says it’s important for Congress to pass Trade Promotion Authority (TPA), which grants President Obama fast-track trade authority. With TPA, Congress cannot issue any amendments to trade agreements and merely gets an up or down vote on a final trade deal.
Ryan’s go to remark when first questioned about TPA or the Trans Pacific Partnership (TPP) – which is part of three trade deals currently being negotiated – is he needs to clarify “misperceptions.”
“We’re not considering the TPP, the Trans-Pacific Partnership. There isn’t a trade agreement yet to consider. It’s not a deal, it’s still being negotiated,” Ryan said.
However, as Breitbart News previously reported and numerous Congressmen have confirmed, several hundreds of pages of Trans Pacific Partnership are available for review in a secret room only for individuals with security clearance. Therefore, there is in fact a trade deal in existence, and Australian Financial Review reported it is near completion.
“We are literally one week of negotiation away from completing this extraordinary deal across 12 countries and 40 per cent of the world’s GDP,” said Andrew Robb, Australia’s trade minister.
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