Blocking Debate On Fast Track Could Be Beginning Of Seemingly Insurmountable Hurdles For TPA

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Steven Dennis ‏@StevenTDennis (White House Correspondent + Senate Editor for CQ Roll Call)
Obama's trade agenda is about to crash and burn. WH praying for resurrection.
http://blogs.rollcall.com/white-house/white-house-brushes-off-fast-track-failure-snafu/?SD …

____ (WH Press Secretary) Earnest said Tuesday the president will continue to try and push fast-track authority through the Senate even after pro-trade Senate Democrats indicated they wouldn’t back the bill unless several bills — including one on currency enforcement — would move forward.

Ron Wyden, the ranking Democrat on the Finance Committee and a backer of fast-track, tweeted he will vote no unless the bills move forward together.

I will vote no on TPA if other trade bills that help the American middle-class – like TAA and enforcement – are not moved forward.
— Ron Wyden (@RonWyden) May 12, 2015

The White House opposes attaching currency enforcement measures, worrying they could imperil the Trans-Pacific Partnership agreement with Asian countries and potentially imperil the independence of the Federal Reserve.

...critics of the administration have noted that the administration has repeatedly certified that China and other countries are not manipulating their currency in semi-annual reports on the issue...

Senate Majority Leader Mitch McConnell, R-Ky., offered to give Democrats the chance to amend the bill once debate begins, but Minority Leader Harry Reid, D-Nev., warned Democrats wanted all four bills in the package and questioned how “robust” the amendment process would be.

Many Democrats want ironclad assurances that the currency and other provisions will become law, not just have a chance to lose on the Senate floor.


read: http://blogs.rollcall.com/white-house/white-house-brushes-off-fast-track-failure-snafu/?SD

[Romeo.lima333]

1. we watched nafta sell us out then the bank bail out sell us out now we're expected to accept

another deal that's supposed to be good for us. i get it though you hook a sucker then you keep em hooked to see how much you can get out of him.

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2. kick