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Obama wins trade victory in the Senate

May 22, 2015

Obama.jpg
President Obama wins a victory in the Senate on
re-writing the rules of international trade. (Carolyn Kaster/AP)

President Obama won a big victory for his trade agenda with the Senate’s approval of fast-track legislation that could make it easier for him to complete a wide-ranging trade deal that would include 11 Pacific Rim nations.

A coalition of 48 Senate Republicans and 14 Democrats voted for Trade Promotion Authority late Friday, sending the legislation to a difficult fight in the House, where it faces more entrenched opposition from Democrats.

The Senate coalition fought off several attempts by opponents to undermine the legislation, defeating amendments that were politically popular but potentially poisonous to Obama’s bid to secure the trade deal.

TPA’s fast-track provisions would allow Congress, under strict timelines, to consider trade deals with a simple up-or-down vote without any amendments or requirements of a Senate super-majority to end debate. That would help Obama complete the final details of the Trans-Pacific Partnership (TPP), with the other 11 nations, a bloc that represents about 40 percent of the global economy.

http://www.washingtonpost.com/politics/obama-wins-trade-victory-in-the-senate/2015/05/22/1cb6958e-00c7-11e5-8b6c-0dcce21e223d_story.html

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