Академический Документы
Профессиональный Документы
Культура Документы
TPA DA 1NC......................................................................................2
UFast Track Now............................................................................5
U Obama Pushing..........................................................................6
U Top of the Docket.......................................................................7
IL -- Bipart Key to TPA.......................................................................8
IL -- Democrats Key to TPA.............................................................10
IL -- Obama (PC) Key to TPA...........................................................11
Asia War Impact.............................................................................12
TPA Solves Global Trade.................................................................14
Trade Key to Economy....................................................................17
Trade Solves Hotspot Escalation....................................................18
A2: No Asia War.............................................................................20
TPA Key to TPP...............................................................................23
TPP Critical to Resolve Asian Power Conflicts.................................24
TPP Russia Scenario.......................................................................27
TPP Solves Mexico Relations..........................................................29
U TPA At the Top of the Docet......................................................46
January Agenda Answers...................................................................47
Health Care, Tax Reform, Immigration Reform Answers.................48
TPA Answers...................................................................................49
TPA/TPP Answers -- NU...................................................................51
TTP Answers...................................................................................53
TTIP Answers..................................................................................54
Other Lame Duck..............................................................................55
Tax Extenders in Lame Duck..........................................................56
Tax Extenders U.............................................................................57
AUMF Lame Duck Answer..............................................................58
Stefan Bauschard
December 10 Politics TPA Release
TPA DA 1NC
Obama pushing TPA, will pass now and its key to
relations with China
Reuters, 12-3-14, UPDATE 1-Obama says will make strong push for fasttrack trade authority Factiva. DOA: 12-10-14
U.S. President Barack Obama on Wednesday committed to urge
lawmakers to back a bill giving trade deals a fast track through
Congress, an effort some think could break a logjam on the
issue and help secure major agreements under negotiation.
Speaking to business leaders, he acknowledged differences within his own Democratic Party on
free trade agreements that he supports and said he would also make the case to unions that
trade brought benefits for workers. A bill to give the Obama administration so-called fast-track
power, which would allow only yes-or-no votes on trade deals in Congress without
amendments, has been stuck all year. Obama said he planned to speak to
Stefan Bauschard
December 10 Politics TPA Release
Stefan Bauschard
December 10 Politics TPA Release
the case that our trade relationship with China is vitally important. We need to continue to
work through market barriers and get to a point where we can clear up a whole host of issues,
including property theft and so forth," says Boustany, who led an eight-member delegation
from the Working Group to China in March. "At the same time, I think it's vitally important that
we move forward on TPP. We need to continue to press on these economic reforms so that
China will ultimately come on board." Pressure Points for Reform Some continue to see the TPP
as an opportunity for the U.S. to rebalance its position in the region and contain China, which is
not among the 12 countries participating in the negotiations. But others, like Boustany, don't
expect Beijing to opt out of membership forever. While they will not be one of the founding
members, I have heard Chinese leaders at high levels talk about using the agreement as an
external pressure point to encourage internal changes," Lieberthal says. "We saw them behave
the same way with the WTO." Lieberthal is referring to China's decision to join the World Trade
Organization in 2001 after initially using the country's outsider status as a means to overcome
obstacles to domestic reform and reduce subsidies, tariffs, price controls and other elements of
its state-led economy. "They want to use accession negotiations to the
TPP the way they used accession to the WTO -- to help give
them the capability to make changes at home, which are ultimately going to be in
America's interest," Lieberthal adds. Obama said Wednesday that he believes an "ancillary benefit" of TPP "is to create high standards in the
region that then China has to adapt to, as opposed to a race to the bottom where there's no IP protection, for example ..." An even greater
step toward strengthening the relationship would be progress on a U.S.-China Bilateral Investment Treaty (BIT), something Obama said on
Wednesday that Xi is interested in seeing come to fruition. "That could be significant because it could help to change the environment in which
you are able to invest in China without being discriminated against relative to domestic firms," the president told business leaders, adding:
"We've got a lot of work to do on that, but that's a work stream that we've set up." The Senate Foreign Relations Committee, which will be led
next year by Republican Bob Corker of Tennessee, will vet the investment treaty once it's completed. Corker, like Hatch, has been a consistent
supporter of free trade, including opposing legislation the Senate passed in 2011 to penalize China if it was found to be improperly
manipulating its currency for economic advantage. "If the Chinese were to come forward with an ambitious good offer in early 2015, I think
you will see the business community most definitely ready to work actively to lay the groundwork for approval of the agreement but also to
help with that more active engagement with members of Congress on passage," says Erin Ennis, vice president of the U.S.-China Business
Council. An October letter organized by the council and signed by 51 American CEOs who back the investment treaty said: "There are few
other commercial outcomes that would gain as much support from business leaders in both the United States and China." The long-running
talks got a boost in 2013 when China agreed that the treaty should cover all phases of investment and include all commercial sectors except
those specifically excluded on a "negative list." In their letter, the CEOs urged Obama to press Xi for a negative list that excludes as few
sectors as possible. "Investment barriers are market access barriers, plain and simple," the group said. "If China can significantly reduce its
negative list and open markets to American manufacturers, agriculture producers, and service providers, you will find the business community
fully engaged and supportive of your leadership to gain Senate approval of the treaty."
Washington Democratic Rep. Rick Larsen, co-chairman of the U.S.-China Working Group, says he's confident the Chinese will edit down their
list. "China has agreed to come back to the table and they wouldn't come back to the table unless they had something to negotiate with,"
Larsen said. "I've had this discussion with Chinese leaders when I was in China last March." A USTR spokesman for Froman says a "high-quality
'negative list' will be critical to the success of these negotiations."
But experts say the clock is ticking. "There's a small window of time before the 2016 presidential election sucks up all the oxygen in the room,"
through China and the region was so aggressive. He wants to move quickly. The high-tech deal
was a start," according to a spokesman in the trade representative's office. Successful
Stefan Bauschard
December 10 Politics TPA Release
Stefan Bauschard
December 10 Politics TPA Release
Stefan Bauschard
December 10 Politics TPA Release
postponedObamaadministrationpolicyobjective,andifObamareciprocatesbypushingDemocrats
tojoin,Americanswillseegrowthenhancingproofthatbipartisanshipisnotdead.
Stefan Bauschard
December 10 Politics TPA Release
U Obama Pushing
Obama will push TPA
Inside US Trade, 12-5-14, IN TWO SPEECHES, OBAMA SAYS HE WILL
MAKE CASE FOR TPA TO CONGRESS
President Obama this week told business groups on two
separate occasions that he will reach out to Democratic and
Republican leaders in the House and Senate about the need to
pass Trade Promotion Authority (TPA), but said it will be
challenging to achieve passage because many Americans
mistakenly attribute the stagnation of their wages and incomes to
trade agreements. In a Dec. 3 speech to the Business Roundtable
(BRT), Obama said he will be "making a strong case on the
merits as to why [TPA] has to get done" to Senate Minority Leader
Mitch McConnell (R-KY), House Speaker John Boehner (R-OH), Senate
Majority Leader Harry Reid (D-NV) and House Minority Leader Nancy
Pelosi (D-CA).
Here & Now, 12-8-14, President Wants Congressional Fast Track For 2
Trade Deals, http://hereandnow.wbur.org/2014/12/08/congressionalfast-track DOA: 12-10-14
President Obama is stepping up a campaign to get fast-track
authority from Congress for two big trade deals. The TransPacific Partnership and the Transatlantic Trade and Investment
Partnership would open more trade between Asia and Europe.
The deals could be a boon to American farmers, packagers and
shipping companies. There are even signs the president could get the
support he needs from the incoming Republican Congress.
But some members of Obamas base union members and his Tea
Party critics are trying to drum up opposition to both agreements.
Union reps are expected to protest today outside the Office of the
United States Trade Representative.
Stefan Bauschard
December 10 Politics TPA Release
Stefan Bauschard
December 10 Politics TPA Release
10
November APEC leaders meeting as his personal deadline for the broad outlines of a deal encompassing
and overcoming the major challenges in this purported twenty-first century trade pact. The 12 TPP
member nations have previously blown past similar deadlines in 2012 and 2013; but this time the political
calendar and negotiating weariness dictate that a continuing stalemate at years end will deal a crippling
blow to a successful outcome. With regard to the negotiating dynamic, failure to achieve major substantive
breakthroughs by early 2015 will evoke the dreaded Doha syndrome image. The WTOs multilateral Doha
Round of trade negotiations has dragged on for 12 years. Currently, a desperate search for compromise on
a small fraction of negotiating issues seems to have failed. Whatever the outcome of this tail-end effort,
the WTO experience will provide ammunition for TPP sceptics who will cite Doha as the rueful model for
Turning to the
political calendar and a shifting political balance of forces, as is often the
biting off more than you can chew in trade negotiations with predictable results.
case,
on the TPP . First, though it is less an iron rule than sometimes portrayed, the 2016
presidential campaign will increasingly intrude upon all policy issues and
particularly upon the divisive trade agenda. This reality dictates a push for at
least broad agreement on key TPP compromises by January or February.
Assuming solid advances in the TPP negotiating framework, what are the political pathways and political
snares to US ratification of the agreement?
in general
Obama, on the other hand, has elevated the TPP as a single goal for his
second term; and while there are signs of lame-duck erosion, having a Democratic
president solidly behind a trade negotiation still will make, at least, a
marginal difference. The House of Representatives will be key. House Republicans can still deliver
at least three-quarters of the Republican majority in favour of the TPP. The Tea Partys 2011
votes on the Panama, Colombia and South Korea FTAs suggest that they
will also support the TPP despite any animosity toward President Obama. As for the
Senate, once again it is likely that the basics will prevail: a sizeable
Stefan Bauschard
December 10 Politics TPA Release
11
century issues relating to industrial and agricultural tariffs and subsidies in sectors such as textiles,
clothing shoes, sugar, cotton, rice and grains. Japan is demanding special treatment (that is, protection) for
five sacred items rice, wheat and barley, pork and beef, dairy and sugar and it is locked in a line-byline battle with the United States to thwart liberalisation in these sectors. Currently, it looks as if Japan will
concede something in each sector particularly pork, beef and dairy but will not be forced to go to zero
tariffs in all five areas. Both sides have promised key announcements in October at the latest. An
acceptable compromise on the old, twentieth century issues is tied directly to other negotiations on insidethe-border issues. For instance, Vietnam has told the US that it is not prepared to make concessions in
investment without concessions on textiles and shoes. Australias trade minister openly stated that
Australias opposition to an independent investor arbitration body and some US demands on intellectual
property might ease if a better deal emerged on lamb and beef products. Other TPP countries have
signalled openness to similar trade-offs. It is going to take both luck and skill to bring off this high-wire act
are imperatives: hands-on presidential leadership (admittedly not a normal Obama strength) and
responsible initiatives from congressional Republicans who have provided the bedrock majorities for
FTAs for the past two decades.
Stefan Bauschard
December 10 Politics TPA Release
12
Stefan Bauschard
December 10 Politics TPA Release
13
Stefan Bauschard
December 10 Politics TPA Release
14
Chinas increasing
assertiveness discomfits neighbors throughout Southeast and East
could find ways to make that stance untenable. Meanwhile,
Asia . China has claimed pretty much the whole South China Sea, though
its coastline is farther from much of it than that of Vietnam, Malaysia or the Philippines . It has sent
planes and ships to challenge Japan over a few rocky outcroppings
that Japan calls the Senkakus and China the Diaoyu Islands. It has been steadily
increasing the size and capability of its military forces; for the first time in
many years, a neighbor, Japan, is following suit . If all this seems decidedly last
century, maybe its because new leaders in every key country are second- or third-generation, bearing the
burdens of their past. Japanese Prime Minister Shinzo Abe is the grandson of a leader of imperial Japan
including in occupied China who remade himself as a pro-American prime minister after World War II.
Stefan Bauschard
December 10 Politics TPA Release
15
South Koreas president-elect, Park Geun-hye, is the daughter of a longtime president; her mother was
killed by a devotee of North Korea. (The bullet was intended for her father, who was later assassinated by
his intelligence chief.) Xi Jinping, Chinas new president, is the son of a revolutionary colleague of Mao
Tsetung who helped battle the Japanese during World War II. North Koreas Kim Jong Eun is the grandson of
Kim Il-sung, who according to North Korean mythology fought the Japanese in the 1930s and 1940s and
Regional leaders hope he can make good on that promise in a second term but wonder whether U.S.
policy, too, will be shaped by political weakness. They notice when the Navy announces that it is, again,
reducing its planned number of ships or Defense Secretary Leon Panetta orders an aircraft carrier kept in
port because of budgetary constraints. They wonder who will inherit the Asia focus of former secretary of
Stefan Bauschard
December 10 Politics TPA Release
16
1990s,
cantankerous
like India
Aligning interests has been impossible, turning all action in global trade policymaking to free trade agreements
(FTAs), first kicked off by the North American Free Trade Agreement (NAFTA) in 1994. By now, 400 FTAs are in place or under negotiation. FTAs have been good cholesterol for trade, but the overlapping deals and
rules also complicate life for U.S. companies doing global business. One single deal among all countries would be much preferable to the spaghetti bowl of FTAs, but it is but a pie in the sky. So is deeper
liberalization by protectionist countries like India.
Europe and Asia-Pacific nations, the Trans-Atlantic Trade and Investment Partnership (
with
Trans-Pacific Partnership (
solution yet to these problems . They free trade and create uniform
rules among
America. Yet
countries making up
TPA
), the key piece of legislation for approving the mega-deals, now stuck in a bitter political fight as several Democrats and Tea Party line up in opposition.
the
TPA is
key for the Obama administration to conclude TPP and TTIP talks
to constrain U.S. Congress to voting up or down on these deals, rather than amending
freshly negotiated texts. The second threat in world trade is the absence of common rules of the game for the 21st century global digital economy. As 3D printing, Internet of Things, and cross-border ecommerce,
and other disruptive technologies expand trade in digital goods and services, intellectual property will be fair game why couldnt a company around the world simply replicate 3D printable products and designs
Made in the USA? Another problem is
data protectionism
rules on access and transport of data across borders. Europeans are imposing limits on companies access to
consumer data, complicating U.S. businesses customer service and marketing; emerging markets such as Brazil and Vietnam are forcing foreign IT companies to locate servers and build data centers as a condition
for market access, measure that costs companies millions in inefficiencies. A growing number of countries claim limits on access to data on the grounds of national security and public safety, familiar code words
for protectionism.
economy
just as tariffs siloed national markets in the 19th century when countries set out to collect revenue and promote infant industries a self-defeating approach that took well over a
digital
Trade policymakers
lag far behind todays
trade, which requires sophisticated rules
The mega-regionals, especially the TTIP, are a perfect
to start this
. Disintegration of trade policies risk disintegrating
century to undo, and is still alive and well in countries like India. The biggest losers of
protectionism are American small businesses and consumers leveraging their laptops, iPads and smart
phones to buy and sell goods and services around the planet.
however
on IP, piracy, copyrights, patents and trademarks, ecommerce, data flows, virtual
venue
process
world markets
hands
approval of TPA
to finalize TPP and TTIP
. Three things are needed.
, which
. Most interesting for U.S. exporters, TPP and TTIP almost de facto merge into a superdeal: the United States and EU already have bilateral
FTAs with several common partners belonging in TPP Peru, Colombia, Chile, Australia, Singapore, Canada, and Mexico to name a few. Whats more, gatekeepers to markets with two-thirds of global spending power,
multilateral agreement
and have cutting-edge common trade rules that could never be agreed in one Big Bang at the WTO.
Stefan Bauschard
December 10 Politics TPA Release
17
Stefan Bauschard
December 10 Politics TPA Release
18
Trade has a wonderful history, but we believe its best days are still
ahead. Every trade liberalization advance has enhanced the well
being of mankind. The United States has arrived at a monumental
opportunity to craft landmark trade agreements with the world. Let us
not fail to build accords that will spark economic growth , create a
better future for our children and launch a new golden era of trade .
Stefan Bauschard
December 10 Politics TPA Release
19
American workers and new customers for American businesses. But we must also deal on a daily basis with countries like India and China who
routinely flout their trade obligations to the detriment of American investment, innovation, and opportunities. Its a lot for one president to
handle, especially when factoring domestic economic and political issues that have contributed to President Obamas popularity being at its
lowest point in his two terms. For a soon-to-be lame duck commander-in-chief, its time to start thinking about the legacy question. Beyond
political infighting and a health care law that remains a work in progress at best, how does President Obama want to be remembered five or
ten years from now, and what is he going to do to shape that legacy between now and January 2017? For better or worse, the president
owns the Patient Protection and Affordable Care Act, otherwise known as Obamacare. But apart from his historic election six years ago,
theres not much more that Mr.
Obama can stake a claim to as far as signature accomplishments. After November, Obama heads into
if the GOP somehow wins control of the Senate , he will
have to find a way to work with or around Congress to make progress on his
agenda. Granted, theres not much the president can control when it comes to world events or a hostile Congress. Fortunately,
there is some low-hanging fruit thats ready to be picked on
issues with broad Congressional support. At the beginning of his second term, Mr. Obama
announced a renewed emphasis on expanding U.S. trading partnerships and finalizing the agreements that the U.S. is currently negotiating.
One of those free trade agreements is the Trans-Pacific Partnership (TPP), between the U.S. and 11 other countries in the Asia-Pacific region,
including Canada and Japan. But there are significant barriers that remain before the deal can be finalized, including lack of access to the
Japanese market for U.S. agricultural products and automobiles, as well as disputes over intellectual property rights for pharmaceuticals.
Trade deals like TPP and its European counterpart, the TTIP, present opportunities, but they are contingent
upon the U.S. securing the best possible outcome, and for that to
happen Mr. Obama needs to play a much stronger leadership
role. While TPP could certainly be a feather in the presidents
cap, a weak deal would set our economy back for years to come .
Whether or not he would like to admit it, Mr. Obamas inability to finalize these deals will inevitably tarnish his legacy. Immediately
after this years mid-term elections, he must capitalize on the lame duck Congress
and demand T rade P romotion A uthority, or fast-track powers so that he can complete
pending trade agreements and win a major victory for his Administration. The TPP, in particular, has
vast upside potential for the American economy, unlocking new
markets that our industries have been shut out of for a long
time. Provided market access, intellectual property and regulatory transparency issues are resolved in favor of the U.S., the TPP
will set a new standard for how trade agreements are
approached in the future and provide a solution for the
ineptitude and impotence of the W orld T rade O rganization. In short, while a strong TPP
would be a capstone for the presidents legacy, a weak agreement on a deal of this magnitude will severely
hamstring the next president, setting a dangerous precedent by leaving the U.S.
Stefan Bauschard
December 10 Politics TPA Release
20
that can contribute to his final legacy. All politics aside, the clock is ticking.
Stefan Bauschard
December 10 Politics TPA Release
21
ways in which they can be addressed. It examines whether the focus on mega-regional trade agreements comes at the expense of broader liberalization or acts as a
catalyst to develop higher standards than might otherwise be possible. It concludes with policy recommendations for action by governments, legislators and stakeholders
to address concerns that have been raised and create greater domestic support. It is fair to ask whether we should be concerned about the future of international trade
dire developments are threatening the security interests of the United States and its partners
In the Middle East, significant areas of Iraq have been
overrun by a toxic offshoot of Al-Qaeda, civil war in Syria rages with no end in sight, and the IsraeliPalestinian peace process is in tatters. Nuclear negotiations with
Iran have run into trouble, while Libya and Egypt face continuing instability and domestic challenges. In Asia, historic
rivalries and disputes over territory have heightened tensions across the region, most acutely by
policy when
Chinas aggressive moves in the S outh C hina S ea towards Vietnam, Japan and the Philippines.
Nuclear-armed North Korea remains isolated, reckless and unpredictable. In Africa, countries are
struggling with rising terrorism, violence and corruption. In Europe, Russia continues to foment instability and
destruction in eastern Ukraine. And within the European Union, lagging economic recovery and the surge in support for extremist parties have left people
fearful of increasing violence against immigrants and minority groups and skeptical of further integration. It is tempting to focus solely on these pressing problems and
defer less urgent issuessuch as forging new disciplines for international tradeto another day, especially when such issues pose challenges of their own. But that would
be a mistake. A key motivation in building greater domestic and international consensus for
now is precisely the role that greater economic integration can play in opening up new avenues of opportunity for promoting development and increasing economic
can help stabilize key regions and strengthen the security of the
United States and its partners. The last century provides a powerful example of how expanding trade relations can help
reduce global tensions and raise living standards. Following World War II, building stronger economic
prosperity. Such initiatives
cooperation was a centerpiece of allied efforts to erase battle scars and embrace former enemies. In defeat, the economies of Germany, Italy and Japan faced ruin and
people were on the verge of starvation. The United States led efforts to rebuild Europe and to repair Japans economy.
Plan, which established the foundation for unprecedented growth and the level of European integration that exists today,
by reducing tariffs.1 Russia, and the eastern part of Europe that it controlled, refused to participate or receive such assistance. Decades later, as the Cold War ended, the
United States and Western Europe sought to make up for lost time by providing significant technical and financial assistance to help integrate central and eastern
European countries with the rest of Europe and the global economy. There have been subsequent calls for a Marshall Plan for other parts of the world,2 although the
confluence of dedicated resources, coordinated support and existing capacity has been difficult to replicate. Nonetheless, important lessons have been learned about the
valuable role
economic development can play in defusing tensions , and how opening markets can
hasten growth. There is again a growing recognition that economic security and national security are two sides of the same coin. General Carter Ham, who stepped down
as head of U.S. Africa Command last year, observed the close connection between increasing prosperity and bolstering stability. During his time in Africa he had seen that
security and stability in many ways depends a lot more on economic growth and opportunity than it does on military strength.3 Where people have opportunities for
themselves and their children, he found, the result was better governance, increased respect for human rights and lower levels of conflict. During his confirmation
hearing last year, Secretary John Kerry stressed the link between economic and national security in the context of the competitiveness of the United States but the point
also has broader application. Our nation cannot be strong abroad, he argued, if it is not strong at home, including by putting its own fiscal house in order. He asserted
Every
day, he said, that goes by where America is uncertain about engaging in that arena, or unwilling to put our best foot
forward and win, unwilling to demonstrate our resolve to lead , is a day in which we weaken
rightly sothat more than ever foreign policy is economic policy, particularly in light of increasing competition for global resources and markets.
its
economic alliances is not simply an option, but an imperative . A strong nation needs a strong economy that can generate
growth, spur innovation and create jobs. This is true, of course, not only for the United States but also for its key partners and the rest of the global trading system. Much
as the United States led the way in forging strong military alliances after World War II to discourage a resurgence of militant nationalism in Europe or Asia, now is the time
Stefan Bauschard
December 10 Politics TPA Release
to place equal emphasis on shoring up our collective economic security. A
security and place
22
in further jeopardy.
international
Stefan Bauschard
December 10 Politics TPA Release
23
Stefan Bauschard
December 10 Politics TPA Release
24
Stefan Bauschard
December 10 Politics TPA Release
25
Stefan Bauschard
December 10 Politics TPA Release
26
Stefan Bauschard
December 10 Politics TPA Release
27
Stefan Bauschard
December 10 Politics TPA Release
28
there are tensions among Asias large powers , and the United States is
likely the single entity that can influence the situation . The United States and
Asia need each other and TPP is the vehicle that can functionally,
economically, and politically help bind them together. The Members of
Congress and staff that have drafted the TPA bill have put admirable effort into
legislation. Trade negotiators working on TPP have been equally tireless. But
TPP, and Asia, cannot wait forever. Many in Asia are already concerned that the Pivot
was only superficial and that United States is already moving on. If TPA and TPP remain
framed as a trade issue, with all of the political baggage that comes with that,
the Administration risks putting TPP on ice for 2014.
Alternatively, the Administration can influence perceptions by framing the
TPP as a strategic goal that will be the cornerstone of the Asia Pivot .
This would reassure U.S. partners in Asia and answer domestic critics who
argue that the Pivot lacks substance. Moreover, it would give the President an
Today,
Asia power competition is the most likely scenario for nuclear war
Campbell et al 8 (Kurt M, Assistant Secretary of State for East Asian and Pacific Affairs, Dr.
Campbell served in several capacities in government, including as Deputy Assistant Secretary of
Defense for Asia and the Pacific, Director on theNational Security Council Staff, previously the Chief
Stefan Bauschard
December 10 Politics TPA Release
29
Executive Officer and co-founder of the Center for a New American Security (CNAS), served as Director of
the Aspen Strategy Group and the Chairman of the Editorial Board of the Washington Quarterly, and was
the founder and Principal of StratAsia, a strategic advisory company focused on Asia, rior to co-founding
CNAS, he served as Senior Vice President, Director of the International Security Program, and the Henry A.
Kissinger Chair in National Security Policy at the Center for Strategic and International Studies, doctorate in
International Relation Theory from Oxford, former associate professor of public policy and international
relations at the John F. Kennedy School of Government and Assistant Director of the Center for Science and
International Affairs at Harvard University, member of Council on Foreign Relations and International
Institute for Strategic Studies, The Power of Balance: America in iAsia June 2008,
http://www.cnas.org/files/documents/publications/CampbellPatelSingh_i
Asia_June08.pdf)
Asian investment is also at record levels. Asian countries lead the
world with unprecedented infrastructure projects. With over $3 trillion
in foreign currency reserves, Asian nations and businesses are starting
to shape global economic activity. Indian firms are purchasing
industrial giants such as Arcelor Steel, as well as iconic brands of its
once-colonial ruler, such as Jaguar and Range Rover. Chinas Lenovo
bought IBMs personal computer
We call the transformations across the Asia-Pacific the emergence of
iAsia to reflect the adoption by countries across Asia of
fundamentally new strategic approaches to their neighbors and the
world. Asian nations are pursuing their interests with real power in a
period of both tremendous potential and great uncertainty. iAsia is:
Integrating: iAsia includes increasing economic interdependence and a
flowering of multinational forums to deal with trade, cultural exchange,
and, to some degree, security. Innovating: iAsia boasts the worlds
most successful manufacturing and technology sectors and could start
taking the lead in everything from finance to nanotech to green tech.
Investing: Asian nations are developing infrastructure and human
capital at unprecedented rates. But the continent remains plagued
Stefan Bauschard
December 10 Politics TPA Release
30
people die every day from causes tied to conflict, and suspicions
rooted in rivalry and nationalism run deep. The continent harbors
every traditional and non-traditional challenge of our age: it is a
cauldron of religious and ethnic tension; a source of terror and
extremism; an accelerating driver of the insatiable global appetite
for energy; the place where the most people will suffer the adverse
effects of global climate change; the primary source of nuclear
proliferation; and the most likely theater on Earth for a major
conventional confrontation and even a nuclear conflict . Coexisting with the
optimism of iAsia are the ingredients for internal strife, nontraditional threats like terrorism, and traditional interstate conflict,
which are all magnified by the risk of miscalculation or poor
decision-making .
Stefan Bauschard
December 10 Politics TPA Release
31
accounts for more than 30 percent of trade around the world and generates nearly $3 billion every day. An
agreement currently under negotiation between the US and the EU the Transatlantic Trade and
Investment Partnership (TTIP) would remove even more trade barriers and foster closer trade ties
between the two continents. The President reiterated his support for this agreement in Brussels last week;
unfortunately, he has yet to publicly stand up to some of his biggest political allies who are working to hold
2007. Congress now has a unique opportunity now to pass a retooled TPA for the 21st Century, and
bringing the EU and US closer to counter Russian expansionism only makes that aim more important.
Democrats in Congress are some of the most vocal voices in opposition to TPA and trade expansion in
general. Senate Majority Leader Harry Reid said earlier this year that everyone would be well-advised not
to push this right now. House Democratic Leader Nancy Pelosi went even further, calling pending TPA
legislation out of the question. Why would Congressional Democrats seek to slow-track or shoot down
legislation that would increase trade with some of our closest allies and create new jobs? One reason is the
strong-arm tactics of Big Labor. Union bosses believe their position will be weakened by expanded
international trade and they are holding Democratic politicians beholden to their wishes. Just recently,
American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) President Richard Trumka
criticized pending trade agreements with the EU and Asia in a speech at the left-leaning Center for
American Progress (CAP), daring to claim that TPA has failed to evolve with our complex and dynamic
global economy. In fact, the bipartisan TPA legislation currently before Congress aims to bring our trade
We
cannot allow petty politics to sabotage a crucial geopolitical
moment. We need to send an unequivocal message to Vladimir Putin
and the Russian oligarchs that the United States and the European Union
are more committed than ever to our transatlantic alliance. Fostering
closer trade ties a clear path to doing just that , as well as stimulating our economy and
policies into the 21stCentury and its Big Labors archaic protectionism that belongs to the past.
creating new and better jobs along the way. Its time for Democrats in Congress to see beyond their next
Stefan Bauschard
December 10 Politics TPA Release
32
Proliferators or nuclear states like China and Russia can then deter
regional or intercontinental attacks either by denial or by threat of
retaliation.168 Given a multipolar world structure with little
ideological rivalry among major powers , it is unlikely that they will
go to war with each other . Rather, like Russia , they will strive for
exclusive hegemony in their own sphere of influence and use
nuclear instruments towards that end . However, wars may well
break out between major powers and weaker peripheral states or between
either for cooperative security and strengthened international militarypolitical norms of action, or for individual national egotism will
critically affect world politics. For, as Roberts observes, But if they drift
away from those efforts [to bring about more cooperative security],
the consequences could be profound . At the very least, the effective
functioning of inherited mechanisms of world order , such as the
special responsibility of the great powers in the management of
the interstate system, especially problems of armed aggression, under
the aegis of collective security, could be significantly impaired .
Armed with the ability to defeat an intervention, or impose substantial
costs in blood or money on an intervening force or the populaces of the
nations marshaling that force, the newly empowered tier could bring an end to
collective security operations , undermine the credibility of alliance
commitments by the great powers , [undermine guarantees of
extended deterrence by them to threatened nations and states] extend
Stefan Bauschard
December 10 Politics TPA Release
alliances of their own, and perhaps make wars of aggression on their
neighbors or their own people .172
33
Stefan Bauschard
December 10 Politics TPA Release
34
initiatives thats most ambitious in the world and would foster integration of the Asia Pacific region, one of
the regions with the greatest dynamism in the world. In addition,
chance to diversity its exports. Within a year from being accepted into the TPP, the
countrys major exports were electronics (38%), cars and auto parts (17%), and oil (12%). This is a long
way from the low value maquila operations Mexico first started with. By offering lower production costs
Ministry of Finance estimates that the economy grew by 0.8 percent in the fourth quarter and reached 1.3
percent in 2013. This was the result of the increase in demand for Mexican goods as well as the reforms
With a
stronger economy, Mexico expects its higher job retention rates, rising
living standards, and a lower percentage of poverty. A third advantage of joining
the TPP is strengthening the countrys relationship with its neighbour
in the north. Though Mexico has already partnered with the U.S. in the North
American Free Trade Agreement (NAFTA), it was the U.S. that invited the Latin
American country to join the negotiations of the TPP. U.S. Trade
President Pea Nieto made to open the oil industry to private and foreign investors.
Representative Ron Kirk released a statement after U.S. President Barack Obama and President Calderon
met at the Group of 20 summit announcing the news. We are delighted to invite Mexico, our neighbour
and second largest export market, to join the TPP negotiations. Mexicos interest in the TPP reflects its
recognition that the TPP presents the most promising pathway to boosting trade across the Asia Pacific and
to encouraging regional trade integration. We look forward to continuing consultations with the Congress
with the nine TPP countries had reached $466 billion in 2011. Meanwhile, the countrys exports to the U.S.
were $280 billion. From February 17 to 25, 2014, Commerce Ministers and Chief Negotiators met at
Stefan Bauschard
December 10 Politics TPA Release
35
Stefan Bauschard
December 10 Politics TPA Release
36
benefit by moving jobs and factories overseas have already done so,
Obama said.
Dont fight the last war, the president told fellow Democrats. Those
who oppose these trade deals, ironically, are accepting a status quo
that is more damaging to American workers.
Hes right.
Wisconsin will be able to sell more agricultural and dairy products in
places such as Japan if trade barriers are lowered. Wisconsin
manufacturers and technology companies will be able to find more
customers for their equipment and innovations.
That will mean more jobs here at home, despite more competition from
abroad.
Right now, Obama said, there are no labor rights in
Vietnam. I dont know how its good for labor for us to tank a
deal that would require Vietnam to improve its laws around
labor organization and safety.
On the environmental front, I havent looked carefully at the
environmental laws in Malaysia recently, but I suspect theyre
not as strong as they are here, Obama said. Its not a bad
thing for us to nudge them in a better direction.
Automation has impacted American jobs more than offshoring, Obama
said.
So I think that there are folks in my own party and in my own
constituency that have legitimate complaints about some of the trend
lines of inequality, but are barking up the wrong tree when it comes to
opposing trade deals.
Congress should give the president the flexibility he needs.
Stefan Bauschard
December 10 Politics TPA Release
37
Stefan Bauschard
December 10 Politics TPA Release
38
Cooperation makes it possible to achieve winwin outcomes that avoid or mitigate negative consequences of
increased demand for resources and the impact of climate
change as well as to harness new technologies to improve
living conditions through sustainable development.
Cooperation creates and utilizes new transnational institutions to
prevent conflict and enhance security for all. China and the United
States become more prosperous as we work together. The possible
challenges and megatrends.
futures sketched out above (and developed at greater length below) are intended to stimulate thinking
about how current trends and uncertainties could lead to very different global and national outcomes. For
Stefan Bauschard
December 10 Politics TPA Release
39
US-China
relationship
Stefan Bauschard
December 10 Politics TPA Release
40
Stefan Bauschard
December 10 Politics TPA Release
41
Stefan Bauschard
December 10 Politics TPA Release
42
Stefan Bauschard
December 10 Politics TPA Release
43
Stefan Bauschard
December 10 Politics TPA Release
44
Stefan Bauschard
December 10 Politics TPA Release
45
Stefan Bauschard
December 10 Politics TPA Release
46
actions, and raises policy issues for the United States. While Beijing
still maintains its military alliance and continues its substantial
economic assistance to Pyongyang, in recent years many PRC and
North Korean interests and goals appear to have grown increasingly
incompatible. Increasingly, many Chinese officials and scholars appear
to regard North Korea as more of a burden than a benefit. However,
Beijings shared interest with Pyongyang in preserving North Korean
stability generally has trumped these other considerations. The Obama
Administrations public statements have emphasized common interests
rather than differences in its policy toward China regarding North
Korea. The United States also has been encouraging China to
use its influence in Pyongyang to rein in the more provocative
actions by North Korea. Chinas interests both overlap and coincide
with those of the United States, but Chinas primary interest of stability
on the Korean peninsula is often at odds with U.S. interest in
denuclearization and the provision of basic human rights for the North
Korean people. Moreover, North Korean leaders appear to have used
this interest to neutralize their countrys growing economic
dependence on China; the greater North Koreas dependency, the
more fearful Chinese leaders may be that a sharp withdrawal
of PRC economic support could destabilize North Korea. Since
the late 1990s, as long as North Korea has been able to
convince Beijings senior leadership that regime stability is
synonymous with North Koreas overall stability, the Kim
government has been able to count on a minimum level of Chinas
economic and diplomatic support, as well as some cooperation
along their border region to ensure that the number and
activities of North Korean border-crossers do not spiral out of
control
Stefan Bauschard
December 10 Politics TPA Release
47
Stefan Bauschard
December 10 Politics TPA Release
48
Stefan Bauschard
December 10 Politics TPA Release
49
Stefan Bauschard
December 10 Politics TPA Release
50
The warning signs are clear and growing more urgent as the risks go unchecked. This is a crisis we cant
afford to ignore. We need to act now, even though there is much disagreement, including from members of
my own Republican Party, on how to address this issue while remaining economically competitive. Theyre
a price on emissions of carbon dioxide a carbon tax. Few in the United States now pay to emit this
potent greenhouse gas into the atmosphere we all share. Putting a price on emissions will create
fair to say that I know a little bit about risk, assessing outcomes and problem-solving. Looking back at the
dark days of 2008, it is easy to see the similarities between the financial crisis and the climate challenge
we now face.
that are trapping heat now). Our government policies are flawed (incentivizing us
to borrow too much to finance homes then, and encouraging the overuse of carbon-based fuels now).
Our experts (financial experts then, climate scientists now) try to understand what
they see and to model possible futures. And the outsize risks
have the potential to be tremendously damaging (to a
globalized economy then, and the global climate now). Back then,
we narrowly avoided an economic catastrophe at the last minute by rescuing a
collapsing financial system through government action. But climate change is more
intractable. The carbon dioxide were sending into the atmosphere remains there for centuries,
heating up the planet. That means the decisions were making today
Stefan Bauschard
December 10 Politics TPA Release
51
to continue along a path thats almost entirely carbondependent are locking us in for long-term consequences that we
will not be able change but only adapt to, at enormous cost. To protect New York City from
rising seas and storm surges is expected to cost at least $20 billion initially, and eventually far more. And
thats just one coastal city. When I worry about risks, I worry about the biggest ones, particularly those that
are difficult to predict the ones I call small but deep holes. While odds are you will avoid them, if you do
fall in one, its a long way down and nearly impossible to claw your way out. Scientists have identified a
number of these holes potential thresholds that, once crossed, could cause sweeping, irreversible
changes. They dont know exactly when we would reach them. But they know we should do everything we
can to avoid them. Already, observations are catching up with years of scientific models, and the trends
are not in our favor. Fewer than 10 years ago, the best analysis projected that melting Arctic sea ice would
mean nearly ice-free summers by the end of the 21st century. Now the ice is melting so rapidly that
virtually ice-free Arctic summers could be here in the next decade or two. The lack of reflective ice will
mean that more of the suns heat will be absorbed by the oceans, accelerating warming of both the oceans
and the atmosphere, and ultimately raising sea levels. Even worse, in May, two separate studies
discovered that one of the biggest thresholds has already been reached. The West Antarctic ice sheet has
begun to melt, a process that scientists estimate may take centuries but that could eventually raise sea
climate scientists and economists who have devoted their careers to this issue. There is virtually no debate
among them that the planet is warming and that the burning of fossil fuels is largely responsible. Farseeing
business leaders are already involved in this issue. Its time for more to weigh in. To add reliable financial
data to the science, Ive joined with the former mayor of New York City, Michael Bloomberg, and the retired
hedge fund manager Tom Steyer on an economic analysis of the costs of inaction across key regions and
economic sectors. Our goal for the Risky Business project starting with a new study that will be released
We need to craft
national policy that uses market forces to provide incentives
for the technological advances required to address climate
change. As Ive said, we can do this by placing a tax on carbon dioxide emissions. Many respected
this week is to influence business and investor decisionmaking worldwide.
economists, of all ideological persuasions, support this approach. We can debate the appropriate pricing
and policy design and how to use the money generated. But a price on carbon would change the behavior
of both individuals and businesses. At the same time, all fossil fuel and renewable energy subsidies
should be phased out. Renewable energy can outcompete dirty fuels once pollution costs are accounted
for. Some members of my political party worry that pricing carbon is a big government intervention. In
fact, it will reduce the role of government, which, on our present course, increasingly will be called on to
help communities and regions affected by climate-related disasters like floods, drought-related crop
failures, and extreme weather like tornadoes, hurricanes and other violent storms. Well all be paying those
costs. Not once, but many times over. In a future with more severe storms, deeper droughts, longer fire
seasons and rising seas that imperil coastal cities, public funding to pay for adaptations and disaster relief
will add significantly to our fiscal deficit and threaten our long-term economic security. So it is perverse
that those who want limited government and rail against bailouts would put the economy at risk by
Stefan Bauschard
December 10 Politics TPA Release
52
When you run a company, you want to hand it off in better shape
than you found it. Just as we shouldnt leave our grandchildren with mountains of national debt and
unsustainable entitlement programs, we shouldnt leave them with the economic and environmental costs
of climate change. Republicans must not shrink from this issue. Risk management is a conservative
principle, as is preserving our natural environment for future generations. We are, after all, the party of
Stefan Bauschard
December 10 Politics TPA Release
53
Stefan Bauschard
December 10 Politics TPA Release
54
Stefan Bauschard
December 10 Politics TPA Release
55
Stefan Bauschard
December 10 Politics TPA Release
56
Stefan Bauschard
December 10 Politics TPA Release
57
TPA Answers
Many TPP barriers
Rep. Rosa DeLauro, 12-8, 14, DeLauro Statement On Trans-Pacific
Partnership Negotiations; Rep. Rosa L. DeLauro (D-CT) News Release,
http://delauro.house.gov/index.php?
option=com_content&view=article&id=1770:delauro-statement-on-transpacific-partnership-negotiations&catid=2&Itemid=21 DOA: 12-9-14
"Significant, unresolved issues remain, and congressional approval of
either the TPP or Trade Promotion Authority is far from certain. There are
still no currency provisions in this agreement. Countries that undervalue
their currency do so to make their goods cheaper, giving them an unfair
trade advantage and accelerating the export of our jobs overseas. Large
bipartisan groups in both chambers of Congress have made it clear that
there will be no deal without a strong, enforceable currency chapter."
Stefan Bauschard
December 10 Politics TPA Release
58
could not make major revisions. Some Republicans may have cooled to
giving the president the authority because of Obama's November
executive order to provide temporary legal status for up to 5 million
illegal immigrants who meet the conditions. There's also a block of
Democrats who oppose fast-track authority because they
would be unable to change what they view as inadequate labor
and environmental protections. Obama has said he would like
the authority, but he hasn't made the request to Congress.
Stefan Bauschard
December 10 Politics TPA Release
59
TPA/TPP Answers -- NU
No TPA or TPP
Feldman, 14 --- partner at BakerHostetler LLP, his international
practice concentrates on all forms of trade disputes (6/23/2014, Elliot
J., The pivot to Asia and the inevitable failure of the Trans-Pacific
Partnership, www.lexology.com/library/detail.aspx?g=64175cf7-25864b5a-bb59-49fe3bf5e3f1)
TPP negotiations are unlikely to produce an
international agreement regardless whether Japan or South Korea
are parties. There are too many fundamental disagreements among the twelve countries in the
The Status Of Negotiations
talks, and the American attempt to infuse the region with American values and American legalities is
transparent. Despite the secrecy of negotiations, documents have leaked. Some have included full draft
texts, as for an environmental chapter. Mostly, they have exposed the lack of international progress.
Following the November 2013 Round of Negotiations in Salt Lake City, the internal commentary of one
participating government contained, in no particular order of importance, numerous observations.
According to the leaked document, notwithstanding that the U.S. is exerting great pressure to close as
many issues as possible this week, The results are mediocre. The meeting, this commentary reported,
served to confirm the large differences that continue in most areas of the [IP] chapter. For medicines, the
United States resubmitted a text that had been strongly rejected in the past. The United States, as in
previous rounds, has shown no flexibility on its proposal [for investment] . . . Only the U.S. and Japan
support the proposal. The chapter on State-Owned Enterprises is very far from closed. There was very
little progress on Rules of Origin, and the negotiations over textiles were in a major crisis. The
Meeting on the environment was interrupted because we could not get past the second issue [on] the
definition of environmental law. There was inadequate progress on financial services: The positions are
still paralysed. United States shows zero flexibility. The United States had been aiming to close the entire
deal by the end of 2013 and get it before Congress before the summer election campaign. Historically, the
United States has had its way in international negotiations most when forging bilateral agreements
because it has always been the dominant player. Other countries typically want to draw the United States
into multilateral negotiations because they can band together to dilute American power and influence.
Here, the United States has been drawn into a multilateral negotiation that it has tried to treat as a
collection of bilaterals (an opportunity to dismantle Canadas supply management; Japans agricultural
protectionism; Vietnams textile preferences; and so forth). Yet, even were the United States somehow
successful internationally in the negotiations, Congress probably for the wrong reasons would not close
Had Obama followed the historical process, in which TPA precedes TPP, he may have been more
successful, or he would have known sooner that the objective could not be reached. Now he is presented
with the risk of failure where American credibility throughout Asia is at stake. It would have been better to
The President
needs to complete a very attractive TPP in order to persuade
Congress to vote it up or down, requiring prior TPA legislation. His
know earlier, or to have lowered expectations. Those options are gone. Conclusion
Stefan Bauschard
December 10 Politics TPA Release
60
international partners, however, are not making their best and final
offers without TPA coming first. Prime Minister Abe, for example, does not want to take
on his whole agricultural sector in order to make a deal that could fail in the United States Congress. There
seem to be almost daily reports that Japan will not give up its protection of five sacred agricultural
attempt at containment. Over time, China seemed to recognize fatal problems with the negotiations and
worried less. At one point, a year ago, China called the U.S bluff that it might be included in the talks,
whether because China was genuinely interested, or because China wanted to expose the real purpose of
enterprises and Chinese state support for exported merchandise continue unabated in the friendly
confines of government investigating agencies and dispute panels of the WTO, and seem reminiscent of
Even as trade
disagreements sometimes take on the appearance of a trade war,
security issues have replaced them in prominence and have induced
President Obama to insist again on the American acceptance of Chinas
rise as a major power. One last word for our European friends, who have been as seduced by
the American confrontations with Japan during the 1980s, in the days of the GATT.
TTIP as our Asian friends have been drawn into one protracted negotiation round after another for TPP. The
Administration has made TPA dependent on TPP instead of the other way around. Consequently, it
perceives TPA as a one-off on behalf of TPP. Even were it possible to imagine that this strategy could
Stefan Bauschard
December 10 Politics TPA Release
61
TTP Answers
TPA Doesnt mean TTP
Phil Levy, 11-4, 14, Will the Midterms Thaw Americas Frozen Trade
Agenda? Foreign Policy,
http://shadow.foreignpolicy.com/posts/2014/11/04/will_the_midterms_th
aw_obamas_frozen_trade_deals
Finally,theprolongeddebateoverTPAcanmakeitseemasthoughthatauthorityisthemainbarrierto
successfullycompleteddeals.Infact,TPAwassupposedtobetheeasyprerequisite.Itisnecessaryfor
tradeliberalization,butleavesmostofthehardbargainingstilltobedone.
OnTPP,therearequestionsaboutwhethertheUnitedStatesiswillingtomakepoliticallysensitive
concessionsonautosandsugarinordertowinconcessionsfromtheJapaneseonagricultureorthe
Australiansonintellectualpropertyrights.Therearedifficultissuessuchasrulesgoverningstate
ownedenterprises,regulation,andcurrency(thelastararetopicthatunitestheCongress,butthat
dividestheUnitedStatesfromallofitsTPPnegotiatingpartners).
Stefan Bauschard
December 10 Politics TPA Release
62
TTIP Answers
TPA doesnt mean TTIP
Phil Levy, 11-4, 14, Will the Midterms Thaw Americas Frozen Trade
Agenda? Foreign Policy,
http://shadow.foreignpolicy.com/posts/2014/11/04/will_the_midterms_th
aw_obamas_frozen_trade_deals
TheTTIPnegotiationsarenoeasier.Theadministrationnowhastonegotiatewithabrandnew
EuropeanCommission,havingfailedtoconcludetalksundertheoldone.Theagendaconsistsalmost
entirelyofdifficultissues,suchasfinancialregulation,agriculture,dataprivacy,andinvestorstate
disputesettlement.NoneofthisistobelittletheimportanceofTPAwithoutit,nothingseriouswill
happen.ButevenifitwerepassedandsignedinJanuarynextyear,thatwouldleaverelativelylittle
timebeforeatraditional"deadperiod"inAmericanpoliticsfortacklingmajortradeagreements,
thepresidentialelectionseason.
Stefan Bauschard
December 10 Politics TPA Release
63
Stefan Bauschard
December 10 Politics TPA Release
64
Stefan Bauschard
December 10 Politics TPA Release
65
Tax Extenders U
Tax extenders are likely to pass now
Brandon Roman, 12-8, 14, Lawmakers Near Deal on Tax Extenders,
Lexology, http://www.lexology.com/library/detail.aspx?g=34a33213c55c-4e5f-aed8-466f39434b95 DOA 9-18-14
Afteranearlyyearlongprocess,onWednesday,December3,theHousevoted37846toapproveH.R.
5771,theTaxIncreasePreventionActof2014a$41.6billiontaxextenderspackage.Atthesametime,
theHousealsopassedH.R.647,theAchievingaBetterLifeExperienceActof2014(ABLEAct),whichis
apopularbillthatwouldallowindividualswithdisabilitiestousesection529savingsaccountsforliving
expensessuchashousingandeducation.TheHousecombineditstaxextenderspackagewiththeABLE
ActandsentthebillstotheSenateinhopesofensuringanexpedientvoteonthelegislationwith
bipartisansupport.TheHousestaxextendersbillwouldprovideaoneyearretroactiveextensionof
approximately50taxextenders,meaningthetaxextenderswouldexpireafterDecember31,2014.Priorto
passingH.R.5771,lawmakersinboththeHouseandSenatehadbeenworkingtogetheronabroader
bipartisantaxextendersdealthatwouldhaveprovidedmorecertaintytotaxpayersbyextendingmost
provisionsfortwoyearsandmakingcertainprovisionsliketheResearchandDevelopment(R&D)Tax
Creditpermanent.However,followingavetothreatfromPresidentObama,lawmakersabandonedthis
approachinfavorofthecurrentproposalforaoneyearretroactiveextension,whichevenWaysandMeans
CommitteeChairmanDaveCamp(RMI)hascalledlesseffective.Initially,followingthereleaseofthe
Housesbill,FinanceCommitteeChairmanRonWyden(DOR)andotherSenateDemocratssuggested
theywouldstillseektopassanacrosstheboardtwoyearextensionforexpiredtaxextenders.Suchan
approachwouldhaveappliedretroactivelyforoneyearandprospectivelyforoneyear,thuseffectively
extendingtheexpiredtaxprovisionsthroughDecember31,2015.However,giventheshortamountoftime
availabletonegotiateadealwithHouseRepublicansbeforeCongressadjourns,alongwiththeimpending
filingseason,ChairmanWydenacknowledgedthattheredoesntappeartobeaproceduralpathforward
fortheSenateapproachandsuggestedtheSenatewouldultimatelysupporttheHousebill.President
Obamahasalsoindicatedthatheiswillingtosupportatemporaryrenewaloftheexpiredtax
provisionstoensurethatU.S.businessesareabletoengageinbasictaxplanningefforts.Assuch,
despitecomplaintsfromvariouslawmakersthataoneyearextensionwouldbefutile,weexpectthe
SenatewilltakeupandpasstheHouseversionoftaxextenderslegislationthisweek,whichPresident
Obamawilllikelysignintolawshortlythereafter.Notably,becausethesetaxprovisionswillexpireat
theendoftheyear,lawmakersinthe114thCongresswillagainhavetotackletheissue.Accordingto
incomingFinanceCommitteeChairmanOrrinHatch(RUT),addressingtaxextenderswillbeapriority
earlyonin2015.Moreover,incomingWaysandMeansCommitteeChairmanPaulRyan(RWI)has
indicatedthatRepublicansmayrevisittheirefforttomakecertaintaxextenderspermanentwhentheHouse
againtakesuptheissueunderhisChairmanship.
Stefan Bauschard
December 10 Politics TPA Release
66