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Obama's 'fast-track' trade bill clears key Senate hurdle | |
(about 3 hours later) | |
Legislation key to US President Barack Obama's trade agenda has passed a key hurdle in the Senate, just two weeks after it appeared to have failed. | Legislation key to US President Barack Obama's trade agenda has passed a key hurdle in the Senate, just two weeks after it appeared to have failed. |
The bill known as the Trade Promotion Authority (TPA) or more commonly "fast-track" makes it easier for presidents to negotiate trade deals. | |
Supporters see it as critical to the success of a 12-nation trade deal known as the Trans-Pacific Partnership (TPP). | Supporters see it as critical to the success of a 12-nation trade deal known as the Trans-Pacific Partnership (TPP). |
The bill is expected to pass a final vote in the Senate on Wednesday. | The bill is expected to pass a final vote in the Senate on Wednesday. |
Tuesday's 60-37 vote - just barely meeting the required 60 vote threshold - is the result of the combined efforts of the White House and many congressional Republicans to push the bill through Congress, despite the opposition of many Democrats. | Tuesday's 60-37 vote - just barely meeting the required 60 vote threshold - is the result of the combined efforts of the White House and many congressional Republicans to push the bill through Congress, despite the opposition of many Democrats. |
The Obama administration and many business organisations say the legislation is necessary so that trade negotiators can win lower trade barriers for US-made goods on international markets. | |
However, opponents, including labour groups and many congressional Democrats, argue that previous global trade deals have resulted in large job losses in the US. | However, opponents, including labour groups and many congressional Democrats, argue that previous global trade deals have resulted in large job losses in the US. |
In the end, the bill cleared the procedural hurdle with the affirmative votes of 47 Republicans and 13 Democrats. | In the end, the bill cleared the procedural hurdle with the affirmative votes of 47 Republicans and 13 Democrats. |
Specifically, the legislation would allow lawmakers to establish the objectives of trade negotiations, including the TPP, but would only allow them to vote yes-or-no on the final agreement. They would not be able to vote on the specific parts of the deal. | Specifically, the legislation would allow lawmakers to establish the objectives of trade negotiations, including the TPP, but would only allow them to vote yes-or-no on the final agreement. They would not be able to vote on the specific parts of the deal. |
Less than two weeks ago, House Democrats and their leader, Rep Nancy Pelosi, turned against the bill in a vote that appeared to - at least temporarily - derail the President's trade agenda. | Less than two weeks ago, House Democrats and their leader, Rep Nancy Pelosi, turned against the bill in a vote that appeared to - at least temporarily - derail the President's trade agenda. |
On Tuesday, White House Press Secretary Josh Earnest, at his daily news briefing, urged members of Congress to pass the legislation. | On Tuesday, White House Press Secretary Josh Earnest, at his daily news briefing, urged members of Congress to pass the legislation. |
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