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nationalize the fed

(2,169 posts)
Thu Apr 16, 2015, 07:03 PM Apr 2015

TPP: Lawmakers reach deal on 'fast track' trade authority

Susan Davis, USA TODAY 5:08 p.m. EDT April 16, 2015

WASHINGTON — Top lawmakers reached a deal Thursday on legislation to grant President Obama "fast track" trade authority to advance one of the largest trade pacts in history, a step that could set off one of the sharpest legislative battles of the year and put Democratic unity to the test.

The bill is a top priority for the administration and congressional Republicans, but the fast track bill and the underlying Trans-Pacific Partnership, a trade deal between the U.S. and 11 Asia-Pacific nations, is roundly opposed by major labor unions and most congressional Democrats.

Senate Finance Committee leaders Orrin Hatch, R-Utah, and Ron Wyden, D-Ore., along with House Ways and Means Chairman Paul Ryan, R-Wis., announced the deal in a statement.

"This is a smart, bipartisan compromise that will help move America forward," Hatch said. "The renewal of TPA will help American workers and job creators unlock new opportunities for growth and promote better, higher-paying jobs here at home."...SNIP

...Trade promotion authority, commonly know as fast track, is a process that enhances the president's authority to negotiate trade pacts that Congress can only approve or defeat — and not amend — by a simple majority vote. TPA expired for new trade agreements in 2007. The administration has said without it they are unlikely to reach a deal on the Trans-Pacific Partnership...snip

more: http://www.usatoday.com/story/news/politics/2015/04/16/lawmakers-reach-deal-fast-track/25885569/



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TPP: Lawmakers reach deal on 'fast track' trade authority (Original Post) nationalize the fed Apr 2015 OP
IT isnt just going to destroy us financially, you just lost your right to sue NoJusticeNoPeace Apr 2015 #1
Yuck. senseandsensibility Apr 2015 #2
Not exactly. SamKnause Apr 2015 #3

NoJusticeNoPeace

(5,018 posts)
1. IT isnt just going to destroy us financially, you just lost your right to sue
Thu Apr 16, 2015, 07:05 PM
Apr 2015

companies in many situations, etc.

This is a nightmare

senseandsensibility

(16,929 posts)
2. Yuck.
Thu Apr 16, 2015, 07:07 PM
Apr 2015

The powers that be have spoken as we knew they would, Obama included. Now it's a done deal, so Hillary will have "clean hands."

SamKnause

(13,087 posts)
3. Not exactly.
Thu Apr 16, 2015, 07:42 PM
Apr 2015

She supported the TPP when she was Secretary of State.

I doubt very much she has changed her mind.

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