Washington has acronyms for just about everything. Sometimes they help simplify the complicated, but more often than not, they end up complicating what is actually very simple. Take, for example “TPA.” Three letters that mean next to nothing to folks outside the beltway echo chamber. But at its core, TPA affects the average American family in a big way. And in the one minute video below, Speaker Boehner explains how.
Transcript from the video
Right now, we have a big opportunity to pass a good, bipartisan jobs bill for the American people. It’s called TPA – Trade Promotion Authority – and here’s what it does, one letter at a time.
T stands for Trade.
Trade is good for America. It supports some 38 million jobs, and saves the average family more than $13,000 a year. This bill ensures that we make the best trade agreements possible.
P stands for Promotion.
This bill is going to promote jobs and economic growth. In my home state of Ohio alone, trade supports some 261,000 retail jobs.
A stands for Authority.
The way things work now, the president can negotiate a trade agreement on his own, without any direction from Congress. Our bill flips the script. Now any agreement will have to meet goals laid out by Congress, and it will have to withstand unprecedented scrutiny. That means more transparency, which means more authority for the American people.
But if you’re looking for the short answer, TPA stands for jobs. Good-paying, high-quality American jobs. That’s why it’s important for us to pass this bill.