consequences for the ukrainian -- >> going to leave the last about 20 minutes of this discussion. you can find the rest of it online, c-span.org. take you live now to the floor of the senate which will be meeting for general speeches on this snowy day in washington d.c. later in the week we could see the work that was of postponed today, debate and a vote on the executive nomination for the head of the justice department's civil rights division. also later week on the other side of the capitol in the house, a measure that we could see to dray the health care law's individual mandate. live now to the floor of the senate here on c-span2. miral barry black, will lead the senate in prayer. the chaplain: let us pray. spirit of god, as the snow falls gently to the earth, descend on our hearts. we praise you for your tender mercies, for they are new every

morning. infuse our senators with confidence in the ultimate triumph of your providence. may they continue to trust you, even in the face of daunting opposition. lord, make them so just and fair that falsehood may be banished by the truth that sets them free. supply the needs from the reservoir of your great bounty, so that they will come behind in no good thing. thank you for the strength and vitality you provide us each day.

we pray in your sacred name. amen. the president pro tempore: please join me in reciting the pledge of allegiance to the flag. i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. mr. reid: mr. president? the president pro tempore: the senator from nevada, the majority leader. mr. reid: i ask that the senate proceed to a period of morning business and that senators be allowed to speak for up to ten minutes each. the president pro tempore: without objection. mr. reid: i ask unanimous consent that the order with respect to executive calendar 659 be modified. following leader remarks, on witness day, march 5, the time until 1 -- 11:45 a.m. will be equally divided between the chairman and the ranking member

of the judiciary committee or their designees. all the provision of the previous order remaining in effect. if cloture is invoked, there will be four minutes equally divided between the chairman and rank member of the judiciary committee or their designees rier prior to a vote on the confirmation of the nomination. following disposition of adegbile nomination, the senate proceed to vote on the motion to invoke on the hernandez nomination. if cloture is not invoked on the adegbile nomination, the senate vote -- proceed to vote on the motion to invoke cloture on the hernandez nomination. further, remaining cloture motions filed on february 27 not ripen prior to 2:15 p.m. wednesday, march 5. the president pro tempore: without objection, so ordered. mr. reid: as if in executive, i ask unanimous consent that the senate intelligence committee have until march 6 to report nomination 1243, the nomination

of john carlin, the assistant attorney general for national security. the president pro tempore: hearing no objection, so ordered. mr. reid: i understand there are four bills due for a second reading. the president pro tempore: the leader is correct. f.w. de klerk s. 2062, a bill to authorize members of congress to bring an action for declaratory and injunctive relief in response it a written statement by the president and so forth p. s. 2066, a bill to amend title 18 united states code to prohibit the internet intentional discrimination of a person or organization by an employee of the internal revenue service. s. 2067, a bill to prohibit the department of the treasury from assigning tax stay statutes to organizations based on their political beliefs and activities. h.r. 3865, an act to prohibit the internal revenue service from modifying the standard for determining whether an organization is operated

exclusively for the promotion of social welfare for purposes section 012-c-4 of the internal revenue code of 1986. mr. reid: i would object to any further proceedings with respect to all four of these measures. the president pr the president pro tempore: objection is heard. the built will be placed on the calendar. scried i ask unanimous consent that today's proceedings be printed in the congressional record dated march 4, 2014. the president pro tempore: is there objection? without objection, so ordered. mr. reid: mr. president, because of the inclement weather, we've had to change things around significantly. but this is a message to all senators. we're going to do our utmost to get everything done wednesday and thursday. there will be some debate tomorrow. i am talking about the voting. if we can't, we're going to have to be here on friday. i know that shouldn't be too hard since we haven't done anything for the first part of the week. but just so no one is priced, we may have to be here friday, to be able -- we have work that

needs to bneeds done and the wes harmed our ability. mr. reid: i ask that when the senate pleats is work today, it adjourn until tuesday, march 4. time for the two leaders be reserved for their use later in the day. following leader remarks the senate be in a period of morning business for debate only. senators permitted to speak for up to ten minutes each. officer sphe without objection. mr. reid: the next roll call vote will be at 11:45 a.m. wednesday, march 5. if there is no further business to come before the senate, i ask that it adjourn under the previous order. the presidin the presidin

>> as people download their movies, sometimes they're as much as 30% of the total volume of the internet. obviously, netflix should pay more than somebody who uses the

internet once a month. i'm being very simplistic, but that's the genesis. and these companies have spent billions and billions of dollars to set up their systems and to provide the fiber on the toics and all the -- fiber optics and all the mega speeds that we just take for granted. at some level they should be allowed to charge based on volume. >> net knew centrality, spectrum auctions and other telecom issues tonight on "the communicators" at 8 eastern on c-span2. >> the u.s. deputy trade representative says without presidential trade promotion authority, the u.s. is at a great disadvantage to other countries. the authority would give the president authority to to negotiate international agreements that congress could approve or disapprove but not amend or filibuster. this discussion was part of the national association for business economics policy

conference, it runs about 50 minutes. >> please join me in welcoming ambassador miriam shapiro and jeffrey shatt. we add a wonderful session last fall that i had the pleasure of moderating with ambassador carla hills and ambassador wilson, and it was the 20th anniversary of nafta, and we took a look back at what nafta had achieved and a look forward at what nafta still had to achieve. and it would be wonderful if 20 years from now we could have the psalm -- the same session focusing on ttip and tap. ambassador shapiro will talk about her role in them, and jeff shatt will also talk about their likelihood of passage and some of the details and hurdles to be

overcome. so i didn't even introduce myself, i'm constance hunter, i'm the chief economist at kpmg. i'm on the board of nabe, and we have with us ambassador miriam shapiro who has served as the deputy ustr since december 2009, and she has been involved in many, many aspects of u.s. trade negotiations. she is responsible for trade negotiations and enforcements in europe, the middle east, north africa, the americas including the transatlantic economic council, the middle east and north african -- i'm sorry, the middle east and north african investment trade partnership and the north american free trade agreement. and ms. shapiro has served in many roles in the white house

starting when she worked in the clinton white house as special assistant and counselor to the president for southern european -- southeastern european stabilization and reconstruction. she's also served at the national security council developing and coordinating economic security policies. previously, she was of a member of secretary of state's policy planning staff and worked in the office of the legal adviser where she helped negotiate the dayton peace accords that ended the war in bosnia. jeff shatt is a senior fellow at the peterson institute for international economics. mr. shatt joined the peterson institute in 1983 and is a senior fellow working on international trade policy and economic sanctions. during his tenure at the institute, shatt was also a visiting lecturer at princeton university and georgetown university. he was a senior associate at the carnegie endowment for international peace, and prior to joining peterson, jeff was an

official at the u.s. treasury department from 1974 to 1982. in international trade and energy policy. finish so we have a very esteemed panel to discuss what is happening with current u.s. trade negotiations. and i welcome, first, to the podium ambassador shapiro. [applause] >> i'll just have to get over that. as strategy u.s.es, as practitioners -- strategists, as

practitioners, i think all of you are very familiar with the headline economic numbers, but there was some very quick review because they do provide an important context for what the administration is working to accomplish through its trade policy. of we've now seen g, the p growth for 11 -- gdp growth for 11 straight quarters. unemployment is at its lowest in five years. the private sector has added jobs every single month for nearly four years, eight and a half million in total. 600,000 of these jobs were in the manufacturing sector which is the first such increase from the 1990s. and consumer spending and real buzz investment are up significantly. -- business investment are up significantly. while we still aren't quite where we want to be, these achievements aren't taking place in a vacuum. the president's agenda is driving economic and job growth, and trade is playing an important role in that process. despite persistent global economic headwinds, u.s. exports reached an all-time high in 2012 and again in 2013.

and over the last five years, exports have increased 50% adding $700 billion to our economic output and accounted for one-third of our xdp growth -- gdp growth. expanded exports, quite simply, translate into more jobs and higher paying jobs. every billion dollars supports an estimated 5,000 jobs. and those jobs pay on average between 13 and 18% more. we believe we can do more, however, both on growth and on jobs which is why the president has laid out the most aggressive trade agenda in more than a generation. in just the past 12 months, the united states has made substantial progress towards concluding a landmark trans-pacific trade agreement. launching a transatlantic negotiation with the european union and a services negotiation at the wto and secured the first major multilateral agreement which was on trade facilitation

in the two-decade history of the wto. each of these agreements will help us become more competitive, will boost output and support more jobs here at home. it will help level the playing field for our businesses and our workers and contribute to america's bottom economic line. they're also a powerful tool throughout the global marketplace including the rule of law, competition, transparency, accountability and respect for workers' rights and the environment. i want to leave plenty of time for a robust q&a session, so i'll just briefly highlight four of these agreements that help make up part of a much broader trade agenda. first, on tpp, the united states trade representative just with regard up meetings with trade ministers from 11 other countries that took place in singapore where they made progress on an ambitious next

generation trade investment partnership that spans the asia-pacific and that reflects u.s. economic priorities and values. the tpp as we call it will strengthen u.s. ties with a market of nearly 500 million people that represents nearly 40% of global gdp and has a growing middle class. according to the peterson institute, tpp would generate an additional $124 billion in u.s. exports, and that's just with our current 11 partners. i call tpp a next generation agreement because it is raising the bar over past agreements. for example, by pursuing the highest labor and environmental standards ask by strengthening ipr provisions to encourage greater innovation. second, tpp is taking on new issues that have never before been addressed in any trade agreement such as dealing with unfair competition from

state-owned enterprises, such as easing restrictions on the free flow of data and information, such as promoting the development of regional supply chains, enhancing transparency and regulatory practices and addressing the i unique problems -- the unique problems faced by small and medium enterprises that form the backbone of the u.s. economy and economies around the world. our vision for tpp is to create a high standard and comprehensive regional trade agreement that can serve as a road map for establishing open markets across the asia-pacific region. after four years of negotiations, we are now in the end game. turning east a bit, last year we launched negotiations on an ambushes and comprehensive agreement with the european union. although the u.s./e.u. economic relationship already supports a trillion dollars in trade, four trillion dollars in investment and 13 million jobs on both sides of the atlantic, we both believe that there's still plenty of room to grow. a successful agreement with

europe will accomplish three main objectives. first, expand market access by removing tariffs and liberalizing services trade and cross-border investment. second, making the u.s. and e.u. regulations and standards more compatible, both generally and in specific sectors, thereby reducing unnecessary costs and administrative delays while at the same time maintaining high levels of health, safety and environmental protection. and third, it will develop rules that strengthen the multilateral trading system and address global issues of mutual concern in a way that can become a model for other trading partners. because u.s. and e.u. tariffs are already relatively low, the second objective, greater regulatory compatibility, offers the greatest potential for gain. we're under no illusions that this will be easy. our differences are longstanding and in some cases deeply

ingrained. but this negotiation offers us a chance to conduct a joint examination of our two approaches and ways they might be able to work together. better. both sides will benefit if we're able to eliminate the burden of having to meet two different requirements with a single regulatory objective. again, not sacrificing the high standards that a both sides maintain. we're steadily working our way through our differences and had a very productive stock-taking meeting at senior levels last week. and in less than two weeks we'll have an opportunity to make greater progress when our negotiating teams meet for the fourth round on the 10th of march in brussels m last year we also launched negotiations with nearly four dozen partners on a trade and services agreement which will promote fair and open competition across the full spectrum of service sectors. the united states has much to gain by expanding trade and

services. as many of you know, we are the world's leading services trader, and our trade surplus and services grew over $200 billion. however, a recent study published again by the renowned peterson institute -- perhaps jeff will want to talk a bit more about this one too -- estimates that the exports of tradeable business services could be five times larger, a dumps of about $800 billion. if services achieve the same expert potential as manufactured goods. so what is preventing the the united states from increasing our exports when our services are so advanced? well, one of the biggest reasons is the patchwork of discriminatory laws and regulations that other countries put in place to curb competition. let me give you just two examples of what i'm talking about. in some cases companies that rely on cloud-based delivery cannot operate in many countries unless they agree first to

establish data centers there. in other situations, foreign companies -- sorry, foreign countries adopt measures that stymy u.s. products including some of the world's most popular entertainment and software. so the negotiations now underway in geneva provide a means of addressing these and other types of barriers. when we conclude tisa, we will have liberalized trade with two-thirds of the global services market. let me say a word about the trade facilitation agreement that we concluded at the wto in december. in addition to our pacific and our atlantic partnerships and the tisa negotiations, we are pushing ahead on the multilateral front too. we led the every efforts at the wto to reach agreement on the first new multilateral trade agreement since the organization was created in 1995. the trade facilitation agreement or as we fondly call it, tf --

we have an acronym for everything -- was reached among the wto's 160 members and will help open new markets for our exporters by reducing customs barriers around the world. we pursued this agreement because our exporters are more willing to explore foreign markets when they can calculate with more certainty what they'll pay in customs duties and fees. and when they are confident that their agricultural products are not going to perish at a port because of unnecessary red tape. and when they don't have to pay additional warehousing costs because of paperwork delays at the border. the trade facilitation agreement will address these types of problems by providing greater predictability, simplicity and uniformity in customs and other border procedures. small business will be among the biggest winners. because they encounter the greatest difficulties in navigating the current system. by some estimates, the global

economic value of the new wto deal could be worth nearly a trillion dollars. let me close with a few words on trade promotion authority known as tpa, authority from the congress to the executive branch. under tpa congress gives detailed instructions to the administration and defines u.s. negotiating objectives and priorities for our trade agreements. congress also sets the consultation and notification requirements and defines its own role in developing trade policy throughout the process. and congress retains the ultimate authority to decide whether the united states will join any trade agreement. without tpa enforced, the united states is at a disadvantage while other countries are actively negotiating their own trade agreements. since tpa was last renewed in

2002 -- that was 12 years ago -- hundreds of trade agreements between other countries have entered into force, and several more are currently being negotiated. while these agreements are not the high standard, comprehensive trade agreements the u.s. negotiates, they do offer foreign companies better and cheaper access to those markets which hurts u.s. workers and farmers and service providers. so the question is, who will set the rules? will we? or will we let others do so? not necessarily in a way that is consistent with our interests or our values. the choice should be clear. tpp,, ttip and tisa will provide essential new opportunities for u.s. manufacturers, service providers, farmers and ranchers to grow and further strengthen our economic recovery. remember, 95% of the world's

consumers live outside our borders. if we complete these agreements, we will have positioned the united states at the center of free trade and goods with nearly two-thirds of the world. we will increase our exports, and we will have put in place the pieces that we need to accelerate the return of jobs and growth to the united states. thank you. [applause] >> well, good morning. it's a great pleasure for me to be able to participate again in the economic policy conference. i've done it on a number of occasions in the past, and it's always been a very stimulating and interesting one where i've learned a lot from the other speakers in the conference. so i hope to reciprocate a bit and offer you a few tidbits of

insight on the issues that miriam has just talked about. it's also a great pleasure for me to join the podium withmy yang. she's -- miriam. she's finishing up this week more than four years of very distinguished service as deputy u.s. trade representative, and i want to thank you personally, miriam, for all the contributions you've made to u.s. trade policy and the u.s. economy over this period and thank you very much for your service. [applause] what i'd like to do to supplement what miriam has put forward is make a few additional remarks about the trans-pacific partnership and the trans-atlantic trade and investment partnership. they're both what i would call mega-regional trade arrangements. they involve a lot of countries. the tpp right now involves 12, though that could change in the future. the ttip involves 29.

tpp accounts for almost 40% of global output and ttip accounts for about 46% of global output. and each about a quarter of global exports. so these are big, big deals. they're not your standard bilateral free trade agreement that we've been used to talking about in washington over past decade or more when we've had bilateral initiatives dominate the trade policy e debate. these are much more important. the t tpp has a number of broad objectives spanning u.s. interests across the asia-pacific region. the first is, of course, expanding opportunities for trade and investment in the goods and services. that's what trade negotiators do, and that was what miriam was talking about in trying to level the playing field for u.s. exporters and investors. doing so will require developing

a comprehensive new 31st century -- 21st century rulebook for trade and investment. the last time we had a broad, comprehensive international trade agreement involving the major trading nations of the world was in the 1990s, and the world economy has changed dramatically in those 20 years. and the way trade is conducted, the tools of trade, the technologies that facilitate trade have changed dramatically, and that has to be accounted for in the new rulebook. the tpp also serves as important function in this substantially upgrading -- in substantially upgrading the existing pacts that already exist between countries. we have a lot of trade agreement partners, our partners have a lot of trade agreements with other ttp countries and with others. for us the tpp will serve a great service in upgrading and updating the and a nafta which t

was negotiated 20 years ago was state of the art but right now is not up to the standards that we have produced in our more recent trade agreements such as korea/u.s. free trade agreement. so upgrading, updating nafta has very important implications, and that's one of the key results that will come out of the tpp. but we also will reinforce our economic and political ties with other countries in the asia-pacific region, and this can be -- and tpp can be an important steppingstone to broader asia-pacific and multilateral trade agreements, and i'll get to that if a moment. now, if the negotiators can succeed in putting together a comprehensive trade deal, then the potential payoff is very substantial for all of the participants in the tpp.

according to detailed calculations by my colleague, peter petrie at brandeis, who has worked with michael plumber and produced some very sophisticated cge projections of the income and trade gains from potential tpp, the united states could gain almost $80 billion in additional income when -- in constant dollars, 2007 dollars -- when the deal is finally fully implemented, estimated to be about 2025. because agreements have to be negotiated, then ratified, then all of the reforms fully implemented. so by the end point of that process, you should see a full ip cent of about four-tenths of a percent of gdp in u.s. output as a result of the tpp. ..