The Trans Pacific Partnership Pact... Republicans and Obama working on it behind the scenes.
They are voting to give obama full authority of the pen over trade deals.. this will send 25 million jobs to Asia
Democrats Slam Obama Over Secretive Trade Deals, Say He Needs Economics 'Refresher'
WASHINGTON -- House Democrats took President Barack Obama to task on Thursday for urging Congress to grant him the authority to fast-track huge international trade deals with little transparency.
"The president's policy is not exactly beloved within the Democratic caucus; we're very unhappy with it," Rep. Alan Grayson (D-Fla.) told HuffPost outside of a lively Capitol Hill press conference composed of lawmakers, environmentalists and labor advocates opposing fast-track authority.
Under authority that expired years ago, the president was allowed to "fast-track" trade deals with little input from lawmakers, who could only vote yea or nay on the final deal. Obama has since shown interest in reviving this authority, urging Congress to back fast-track legislation. With this authority, the president could quickly close the Trans-Pacific Partnership, an aggressive and controversial trade deal he is pursuing with countries in Asia and the Pacific region.
On Wednesday, new Senate Majority Leader Mitch McConnell (R-Ky.) promised to grant this authority to Obama in the new Republican-controlled Congress. "I’m happy the president has now become a born-again free trader. It’s high time," McConnell said.
But some Democrats fear that authority will lead to unsavory trade deals that could cost their constituents jobs.
http://www.huffingtonpost.com/2015/01/08/trade-deal_n_6438288.html?ncid=txtlnkusaolp00000592
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