TPA Gives 'No New Authority' To The President

With a lot of myth and hearsay being injected into the current debate on Trade Promotion Authority, the nonpartisan Congressional Research Service has put to rest one big talking point. 

According to a new CRS report, TPA gives 'no new authority' to the president. 

Passing Trade Promotion Authority "...affords Congress several procedural means to maintain arguably tight reins on the executive branch's exercise of the delegated trade authority," the report says. 

The report further indicates that passing TPA will offer Congress the opportunity to be proactive in regard to any trade agreements the president would bring to the table. 

The full report can be read here.