doors but the situation could get worse later on thursday afternoon house ways and means chairman dave camp senate finance committee chairman max baucus and senator orrin hatch introduced the bipartisan congressional trade priorities act of twenty fourteen the bill would grant the white house fast track authority some time soon as the trade promotion authority to ratify trade deals so we don't know who wrote this there's some corporate lobbyist who wrote this and here we have the situation where both democrats and republicans despite all their shrieking pretending they're on opposite sides here they are ready to pass a secret deal giving all sorts of huge authority to the executive branch to the president to ratify trade deals that the congress doesn't only have an up or down vote so they can only vote yes or no to ratify the trade deals right so this is to follow along here the latest chapter in the history of leveraged buyouts as we were describing it in this in this show so far in other words you start off with these huge leveraged deals in america like r.j. are to biscoe or some of the more famous huge deals an

and the u.s. house and senate has taken steps towards expediting and international trade negotiations house ways and means committee chairman dave camp and senate finance committee chairman max baucus and ranking member or and hatch introduced the bipartisan congressional priority act yesterday congress members released a statement saying the bill establishes twenty first century congressional negotiation objectives and rules for the administration to follow when engaged and trade talks the bill if passed into law would apply to the twelve nation trans-pacific partnership which includes the u.s. the end of the eleven other highlighted nations along the pacific rim critics of the trade deal have expressed concerns with transparency surrounding the negotiations and proposed corporate policies the bill includes a fast track per vision which would limit congressional input on the t p p calling for a straight up or down vote with no room for amendments and limited florida bait to discuss the trade deal and the process of fast tracking more i'm joined by lori wallach director at public citizen's global trade watch well i think for joining my pleasure so here