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Mike Lee: Negotiation of the North American Free Trade Agreement

April 4, 2017

In this episode of the weekly Budget & Tax News podcast, Heartland Institute research fellow Jesse Hathaway is joined by U.S. Sen. Mike Lee to talk international trade and the U.S. Constitution.

President Donald Trump’s administration is reportedly preparing a letter to Congress to begin a 90-day countdown to re-open negotiation of the North American Free Trade Agreement, or NAFTA, trilateral trade bloc, and one lawmaker in the U.S. Senate says his bill would reassert lawmakers’ constitutional authority as co-equal partner in setting federal policy.

In this episode of the weekly Budget & Tax News podcast, Heartland Institute research fellow Jesse Hathaway is joined by U.S. Sen. Mike Lee to talk international trade and the U.S. Constitution.

Hathaway and Lee talk about the Utah Senator's new bill, the Global Trade Accountability Act of 2017. Lee says his bill would require the president to brief lawmakers on proposed trade actions, including cost-benefit analyses of those actions., and give lawmakers a check over decades of creeping executive power grabs.

The bill was not inspired by any political issues, Lee says, but instead is meant to address a problem he’s seen for a long time.

Lee says lawmakers have been falling asleep and ceding their constitutional duties to the executive branch for nearly a century, allowing presidents and unelected staffers way too much policy-making power, over things that can harm people in their everyday lives.

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Author
Jesse Hathaway is a policy advisor for budget and tax issues at The Heartland Institute.
media@heartland.org @JesseinOH