Dems torpedo Obama campaign promise, block debate on trade (Updated)
on May 13, 2015
9 Comments
Whoever would have guessed that trade policy could turn into the US Senate's latest stumbling block?
Yesterday, Senate Democrats voted to block the start of debate on a bipartisan bill that would renew and broaden the President's negotiating authority over international trade agreements. The bipartisan Trade Promotion Authority renewal legislation was introduced back in mid-April by U.S. Sen. Orrin Hatch (R-UT), U.S. Sen. Ron Wyden (D-OR), and U.S. Rep. Paul Ryan (R-WI). If passed, it would give the President authority to negotiate trade deals that would then be sent off to Congress for either rejection or approval. Because the TPA legislation would not permit Congressional amendments to the deals, the update is seen as a "fast track" option.
If passed, the TPA could be used to fast-track approval (or rejection) of the Trans-Pacific Partnership; the Partnership would include 11 other nations (both developed and developing), and stands to affect up to 40% of all US imports and exports if approved.
The block isn't the end of the TPA renewal, but it represents a divide in the caucus, and the willingness of Democrat leadership to go against the agenda promoted by the White House.







