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Response to madamesilverspurs (Original post)

Thu May 21, 2015, 09:35 PM

57. Past 80 years or so? Lol. Fast Track or TPA was first passed in 1974.

2015-1974=41. Oops.

http://en.wikipedia.org/wiki/Fast_track_%28trade%29

Congress started the fast track authority in the Trade Act of 1974, § 151–154 (19 U.S.C. § 2191–2194). This authority was set to expire in 1980, but was extended for eight years in 1979.[1] It was renewed in 1988 for five years to accommodate negotiation of the Uruguay Round, conducted within the framework of the General Agreement on Tariffs and Trade (GATT).[2] It was then extended to 16 April 1994,[3][4][5] which is one day after the Uruguay Round concluded in the Marrakech Agreement, transforming the GATT into the World Trade Organization (WTO). Pursuant to that grant of authority, Congress then enacted implementing legislation for the U.S.-Israel Free Trade Area, the U.S.-Canada Free Trade Agreement, the North American Free Trade Agreement (NAFTA), and the Uruguay Round Agreements Act.

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