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Obama Gets Second Chance: Senate Reaches Trade Deal

Wednesday, May 13, 2015 14:59
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(Before It's News)

President Obama will get another vote on fast track trade authority, as it appears Democratic progressives backed down from their insistence that legislation they back be considered together with the bill.

From The Hill:

The Senate will vote at noon Thursday on a stand-alone customs and enforcement bill that includes currency manipulation language and a stand-alone package of trade preferences for sub-Saharan Africa, according to a Senate aide. Both measures will require 60 votes to pass.

Democrats earlier this week asked for both proposals to be combined with fast-track, or trade promotion authority (TPA), as it’s also known, and Trade Adjustment Assistance (TAA), a program for helping displaced U.S. workers.

After the Senate votes on the customs and Africa trade measures, Democrats have agreed to begin debate on a package consisting of TPA and TAA. It would be subject to an open-amendment process, giving senators broad opportunity to vote on changes.



Source: http://www.whitehousedossier.com/2015/05/13/obama-chance-senate-reaches-trade-deal/

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