‘Fast track’ trade measure sought by Obama wins final approval in Senate,
Published
June 24, 2015 by FoxNews.com
A
key plank of President Obama’s trade agenda won final approval in the U.S.
Senate on Wednesday, capping a dramatic few weeks that saw the legislation
nearly collapse amid Democratic infighting.
The
Senate voted 60-38 for a bill giving Obama so-called “fast track” authority to
negotiate trade deals. The bill, already approved by the House, now goes to
Obama’s desk.
The
vote marks a remarkable turnaround for an initiative that House Democrats
nearly killed earlier this month.
Though
both parties have been divided on the issue, it was particularly problematic in
the Democratic caucus – in the end, Obama’s biggest allies were Republican
congressional leaders.
Opening
Senate debate on Wednesday, Senate Majority Leader Mitch McConnell, R-Ky., a
frequent Obama antagonist, credited the president and Democrats who joined the
GOP on the bipartisan measure.
"We
were really pleased to see President Obama pursue an idea we've long believed
in," McConnell said. "We thank him for his efforts to help us pass a
bill to advance it."
The
“fast track" authority would let Obama negotiate deals that Congress can
ratify or reject, but not change.
He
wants that power to advance the so-called Trans-Pacific Partnership with Japan,
Mexico, Canada and several other countries.
Unions
and most congressional Democrats say free-trade deals cost U.S. jobs and reward
countries that pollute and mistreat workers. But Obama and most Republican
leaders say U.S. products must reach broader markets.
The
Senate later also passed as bill extending a job retraining program for workers
displaced by international trade. That program would require House approval,
too.
Some
anti-trade groups say they will strongly oppose the Pacific pact. Others seem
more resigned to the likelihood of new U.S. trade agreements in Obama's final
months in office.
Source: Fox News, 6/24/15, The Associated Press
contributed to this report.
No comments:
Post a Comment