Post #13202 by elann on the Berkshire Hathaway board

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Excerpt: "Trump’s tariff policy is based on the International Emergency Economic Powers Act, which gives the president broad power to regulate international commerce to deal with extraordinary threats and a declared national emergency. He has declared that our long-standing trade relationships with dozens of countries suddenly constitute that kind of national emergency. They do not. Under the terms of the law, Congress can pass a resolution reversing that declaration. Senator Ron Wyden and I introduced a bipartisan resolution that will force a simple majority vote and could put an end to this sabotage of our economy."

I keep screaming into the void (on Bluesky) that this is a waste of time. There is no new bill needed to do what is already covered by existing law. The speaker of the House anticipated this and engineered a preposterous resolution that allows him to prevent a vote in the House to cancel Trump's emergency declaration. The Senate already passed such a resolution, and it is in Mike Johnson's hands to simply call a vote, which would undoubtedly pass, to remove the president's tariff authority. He simply will not do it. The new Senate bill is DOA. It would need a 2/3 majority in both the Senate and the House to override a presidential veto. It is nothing more than political theater.

Elan

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