Fast-Track Trade Bill Deal Said to Be Reached by Congress

[n2doc]

Source: Bloomberg

A bipartisan group of lawmakers has reached agreement on legislation to help President Barack Obama win approval of trade deals, including a Pacific-region pact now in negotiation, a Senate aide said.

Leaders of the House Ways and Means Committee and Senate Finance Committee, which have jurisdiction over trade accords, agreed today on so-called fast-track legislation that would let the White House negotiate trade deals that Congress would approve through an up-or-down vote, without adding amendments, the person said.

The bill will be introduced next month when Congress returns and include a measure to address concerns about currency manipulation among U.S. trading partners, the aide said, without providing further details. The Washington-based American Automotive Policy Council, which represents Ford Motor Co. (F), General Motors Co. (GM) and Chrysler Group LLC (CGC), is among groups that have pushed for the currency measure.

Fast-track, formally known as trade-promotion authority, can help the U.S. win other nations’ support for trade accords by letting them know the negotiated deals won’t be significantly changed. The U.S. is now brokering two major accords, the Trans-Pacific Partnership with 11 regional nations, and a separate free-trade deal with the 28-nation European Union.

Read more: http://www.bloomberg.com/news/2013-12-13/fast-track-trade-bill-deal-said-to-be-reached-by-congress.html

[GoneOffShore]

1. Bad news by my lights.

[bobGandolf]

2. Funny how much cooperation....

takes place at the end of the year. Everybody wants to nice their contributors nice presents.

[jsr]

3. The 1% want this thing really bad.

[KamaAina]

4. Senate Finance Committee = Max Baucus

DINO to the core.

[fujiyama]

23. Pretty much means it's a done deal

Baucus, perhaps more than any other individual, is the reason we didn't get a public option of any kind.

[pa28]

5. When it comes to pleasing corporate donors both sides CAN work together.

[Phlem]

21. To make the globe a united 3rd world country.

-p

[Swede Atlanta]

6. We need to start calling our Congress critters and tell them to oppose this.....

The more I read of the TPP the more it becomes clear this will be a huge give-away to corporate interests at the expense of American workers and the health and safety of American consumers.

[Lasher]

7. We are screwed.

[ZM90]

8. Blow up the phones to your member of congress now!!! Let them know you are watching.

Let them know you will not vote for anybody who approves the TPP or this fast track. Make them fear for their jobs, it is the only way.

[bvar22]

9. BOHICA!!!

The current Party Leadership is doing everything they can to prove that Nader was right.


Study: "Trade" Deal Would Mean a Pay Cut for 90% of U.S. Workers
http://citizen.typepad.com/eyesontrade/2013/09/the-verdict-is-in-the-trans-pacific-partnership-tpp-a-sweeping-free-trade-deal-under-negotiation-with-11-pacific-rim-coun.html


Obama selects former Monsanto lobbyist to be his TPP chief agriculture negotiator
http://www.democraticunderground.com/10023662210

The Top .01 Percent Reach New Heights
http://www.demos.org/blog/9/13/13/top-01-percent-reach-new-heights

Obama Appoints Bain Capital Consultant Jeff Ziets to Top Post
http://www.democraticunderground.com/10023662209

The Totally Unfair And Bitterly Uneven 'Recovery,' In 12 Charts – HuffPo
http://www.democraticunderground.com/10023662029

Larry Summers Gets 'Full-Throated Defense' From Obama In Capitol Hill Meeting
http://www.democraticunderground.com/1014553343#post1


You will know them by their WORKS.

[KoKo]

11. Recommend!

[KoKo]

29. Kick..

[Deny and Shred]

14. Thank you - beat me to it

Good collection of links.

The TPP is that bad. It IS the triumph of Corporations over Governments.

Corporate ability to sue countries for the losses that result from regulations?? You don't want that river polluted ?? It'll cost ya.

This is one of the few issues with which I disagree with our President. Some of those issues were forced upon him, others he's championed. This one he championed. The fast track basically means it will pass.

[LeftOfWest]

16. Wow. Thanks for those links.

I will read them all.


Very important.

[Enthusiast]

31. You deserve a massive plus one!

[jsr]

33. When they want to do something secretly and fast, it's guaranteed to be REALLY good.

[Purveyor]

10. I'm so fucking glad I vote and support Democrats. Yep, I really, really am... eom

[Phlem]

12. I feel ya.

Peruse the DU site some more and you'll probably find an honor thread filled with rainbows and cupcakes about how Obama has saved Humanity with his Nobel Peace Prize. The catch is you've got to stay in that bubble else it all fades away.

Remember we must pray for the self righteous.

-p

[RC]

13. Somebody please tell me again how and why Democrats are so much better than Republicans.

What good is Obamacare if no one is being paid enough to pay the taxes and premiums needed to support it?

[Phlem]

17. Exactly!

I've said that very same thing when it was proposed following 3 years of unemployment. They are still bills that one must pay.

How do we do that with out good paying livable wage, 40 hr a week jobs? And don't think I haven't done my share of salaried jobs, you know the kind "we'll pay for a 40 hour work week, but your actually going to work a 60 hour a week."

That's why we're all to busy to pay attention to the crazy that's happening in our government. We're either struggling to get by trying to find your next meal, or your living the dream, just not with your family. The TV pretty much destroys the rest of any focus one has left at the end of the day.

And guess what...we get to do this all over again tomorrow!

-p



Jobs Now! Jobs Now! Jobs Now! Jobs Now! Jobs Now! Jobs Now! Jobs Now! Jobs Now!

[OnyxCollie]

15. HAHAHAHAHAHAHAHAHAHAHAHAHAHA!

[bvar22]

19. I KNOW!

Jokes on us!


[font size=3]Hold on to your Memories,
because we're TAKING everything else,
and ain't NOBODY gonna stop us!
We OWN them ALL!
Hahahahahahahahahaha!

[JDPriestly]

18. What a double-crossing horror!

[Omaha Steve]

20. WTF???

I thought we wanted jobs for the long term unemployed. This will create more legions of unemployed!!!

K&R!

OS

[sakabatou]

22. Oh god...

[Plucketeer]

24. Let's go storm DC!

Who'll go with me???

[blkmusclmachine]

25. Transparen.....

Ah, f*ck it!

[Dyedinthewoolliberal]

26. Nothing will change for the 99% unless

[historylovr]

27. K & R

[solarhydrocan]

28. ^

[JRLeft]

30. We're all fucked!

[Enthusiast]

32. We told the President that we don't want this.

But the President doesn't give a fuck what we the people want.

[JRLeft]

34. He knows who he works for.

Last edited Sun Dec 15, 2013, 03:08 PM - Edit history (1)

His cabinet is very telling.

[Owl]

35. Ugh.

[Orsino]

36. Fast track is for when they don't want you watching.

The ruling class can always get its real business done, however much Washington's "gridlock" is bemoaned.