Rand Paul (Trade)

Paul's Trade (section page)

Opponent of Obama's Trade Promotion Authority, or TPA

"My consistent opposition to the Trade Promotion Authority, or TPA, stems from my belief that Congress has already given too much power to the Presidency." (RPW - T)

"With TPA, Congress gives up the power to amend or filibuster trade legislation. While I think trade is a net positive, I don’t believe Congress should cede more power to this or any other President." (RPW - T)

"I oppose TPA because I oppose secrecy. There is no sane reason for making the trade treaty classified." (RPW - T)

"As a strong supporter of free trade who has voted for three free trade agreements, I am willing to work with the administration on a compromise that ensures more transparency, but unless Congress and the American people can play a role in negotiating these agreements, I will not support them." (RPW - T)

Proponent of trade with China

"When I was about ten years old, like many conservative middle-class families, our inclination was to resist anything to do with Red China. In that black and white world, you were either for us or against us. Trade with China was thought to be trade with the enemy. A funny thing happened, though, along the way. Many conservatives came to understand a larger truth. As trade began to blossom with China, many conservatives, myself included, came to admit that trade improves our economic well-being AND makes us less likely to fight. The success of trade with China made many conservatives rethink their view of the world." (NI - T)

Encourages free trade through export inducers, such as investment - not devaluation of the dollar

"In November 2011, my office was happy to participate with the Raw Milk Freedom Riders, who set out to acquire raw milk in protest of raids on small farmers. Over the past several years, the President has taken the laudable step of urging Congress to pass free trade laws in order to elevate exports. However, apart from the effort to encourage free trade, the President's efforts to create an environment conducive to competing in a global economy have been largely misguided. The President and the central bank have attempted to increase exports by destroying the value of the dollar here at home." (OTI - T)

"The President's agenda of increasing taxes on top of a weak dollar policy is inhibiting the country's ability of to compete overseas. One of the fundamental keys to export growth is investment. The correlation between tax rates, investment and export is demonstrated by the tremendous export opportunities and growth of East Asia." (OTI - T)

"Tax rates affect the investment decisions of firms and individuals by altering the cash flow of investment opportunities, and decrease the return on investment, resulting in overall reduced investment." (OTI - T)

Active Opponent of Government Regulation of Industry

"In November 2011, my office was happy to participate with the Raw Milk Freedom Riders, who set out to acquire raw milk in protest of raids on small farmers. The Raw Milk Freedom Riders intentionally purchased and transported raw milk across state lines in violation of federal law. Civil disobedience. Hunger strikes. Persecuted activists. The food freedom movement has all the hallmarks of the great struggles of the past, and that's because it shares a common enemy with those movements--aggressive and arrogant government." (OTI - T)