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The Bicameral Congressional Trade Authority Act
This week Rep. Mike Gallagher (R-WI) introduced the Bicameral Congressional Trade Authority Act, which would reduce the president’s authority to unilaterally enact new tariffs by citing national security concerns. The Senate sponsors are Sens. Mark Warner (D-VA) and Pat Toomey (R-PA). The Democratic co-sponsor in the House is Rep. Ron Kind (D-WI). Their bill contrasts with Rep. Sean Duffy’s (R-WI) bill to increase President Trump’s tariff authority, which I have written about before. For reasons politically expedient at the time, Congress delegated some of its taxing power away under Section 232 of the Trade Expansion Act of 1962. In light of current abuses of this authority, it is time to restore taxing authority to Congress, where it belongs under Article I, Section 8 of the U.S. Constitution.
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