BREAKING NEWS: Fast-track trade bill fails first test in Senate!!


FT-TPP

~~May 13, 2015~~ 

DEMOCRATIC FILLIBUSTER

by Krista Hughes and Richard Cowan
May 12, 2015

Legislation giving U.S. President Barack Obama authority to speed trade deals through Congress failed a crucial procedural test on Tuesday, April 4, 2015, delaying a measure that may be key to President Barack Obama’s diplomatic pivot to Asia.

In a setback to the White House trade agenda, the Senate voted 52-45 – eight votes short of the necessary 60 – to clear the way for debate on the legislation, which would allow a quick decision on granting the president so-called fast track authority to move trade deals quickly through Congress.

The vote marked a big victory for Senate Democratic leader Harry Reid, an outspoken opponent of fast-track.

Negotiations on the TPP are nearly complete, but trading partners have said they want to see fast-track legislation enacted before finalizing the pact, which will stretch from Japan to Chile.

“As it appears in … full read/full credit”

http://gmoinside.org/breaking-fast-track-trade-bill-fails-first-test-in-senate-reuters/

~~GRAPHIC SOURCE~~

https://www.facebook.com/GmoInside?fref=ts

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~~GALLERY~~ 

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~~RELATED~~ 

https://hrexach.wordpress.com/2015/05/12/breaking-news-senate-blocks-ttp-fastrack-authority/

https://hrexach.wordpress.com/2015/02/10/tpp-trans-pacific-economic-partnership/

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