Fast Track (trade)
The fast track negotiating authority (also called Trade Promotion Authority or TPA, since 2002) for trade agreements is the authority of the President of the United States to negotiate international agreements that the Congress can approve or disapprove but cannot amend or filibuster. Fast-track negotiating authority is granted to the president by Congress. It was in effect pursuant to the Trade Act of 1974 from 1975 to 1994 and was restored in 2002 by the Trade Act of 2002. It expired at midnight on July 1, 2007.
Read more about Fast Track (trade): Enactment and History, Procedure, Scope
Famous quotes containing the words fast and/or track:
“Crotchless trouser allows wearer to show private parts in public. Neoprene-coated nylon pack cloth is stain resistant, water repellent and tickles thighs when walking. Tan-olive shade goes with most fetishes. Adjustable straps attach to belt for good fit and easy up-down. Pant is suitable for fast exposures as well as extended engagements. One size fits all.”
—Alfred Gingold, U.S. humorist. Items From Our Catalogue, Flashers Pants, Avon Books (1982)
“If you are ambitious of climbing up to the difficult, and in a manner inaccessible, summit of the Temple of Fame, your surest way is to leave on one hand the narrow path of Poetry, and follow the narrower track of Knight-Errantry, which in a trice may raise you to an imperial throne.”
—Miguel De Cervantes (15471616)