Tag Archives: Deficit Neutrality in the Long Run Fiscal Policy

Who Needs Balanced Trade? Who Needs Balance Budgets: A New Book on Trade and Fiscal Policy

The intensity of the conflict over the Trans-Pacific Partnership (TPP) has died down since last June, after the Administration won its victory in getting Trade Promotion Authority (TPA) through Congress. During the Intervening months, the efforts of the Special Trade Representative (STR) to complete TPP negotiations have continued. At the end of June, the goal was to complete negotiations by August so that the Administration could send the Agreement to Congress in enough time to start the clock on the 90-day countdown period Congress has to vote on an agreement negotiated under the TPA, and to schedule a ratification vote on it before the end of 2015.

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