Senate Finance Committee

How "The Mouse" Sees TPP (source)by Gaius PubliusA what-to-expect note on TPP. There will be several battles; the first is coming in the Senate Finance Committee, likely in April, with a vote on "Fast Track" enabling legislation. ("Enabling" legislation means Fast Track enables TPP by disabling Congress's ability to debate and amend it.) If Fast Track passes out of committee, it will go to the Senate floor.

On April 2, the Senate Finance Committee is planning to renew 55 major tax breaks worth $700 billion over 10 years, which is mostly to the benefit of the corporations like General Electic, Goldman Sachs and Citigroup, which underwrite the political careers of our political elite in general and the members of the Senate Finance Committee in particular.