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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFinal Vote on "TPP" could come in 2016, in the Middle of Election Season--Causing Backlash
Supporters of the TPP hoped that they could get Congress to sign off on the pact before the notion of global trade gets caught in the inevitable election-year backlash against Wall Street, corporations and low-wage economies overseas that have syphoned jobs from rust belt swing states in the Midwest and elsewhere.But now, lawmakers will be asked to take a tough vote that could expose them to attacks from opponents of the deal.
TPP nations may ink a final agreement at a ministerial meeting this summer and could present the deal as the highlight of the Asia Pacific Economic Cooperation (APEC) forum later this year.
But there's no guarantee the fragile coalition assembled by Obama and McConnell -- mostly Republican but bolstered by pro-trade Democrats -- will survive. And the clock is ticking.
"I am very doubtful we can have a ratification vote before the end of this year," said Mireya Solis, a specialist on Japanese economic policy at the Brookings Institution. "We are thinking this is going to spill over to 2016 and this opens up all kinds of interesting possibilities."
Between now and then, Obama must work hard to repair ties with Democrats on Capitol Hill. More mastery of Senate procedure will also likely be required from McConnell, who secured support for the fast-track authority only after promising to adopt a workers' assistance bill Republicans largely disparaged but Democrats demanded.
The wily Senate leader's normal antipathy to Obama's priorities was overcome because Republicans generally still firmly back free trade -- and he was keen to use the fast-track vote to convince voters in 2016 that the GOP has delivered results and deserves to keep its slim Senate majority.
http://www.cnn.com/2015/06/24/politics/trade-bill-obama-clinton-mcconnell/index.html
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Final Vote on "TPP" could come in 2016, in the Middle of Election Season--Causing Backlash (Original Post)
KoKo
Jun 2015
OP
This is so important, TY, Koko. TPP is a gamechanger, if it does smack people out of their
mother earth
Jun 2015
#1
mother earth
(6,002 posts)1. This is so important, TY, Koko. TPP is a gamechanger, if it does smack people out of their
complacency, don't know what will. Bernie Sanders as a candidate is more important now than ever.
Betty Karlson
(7,231 posts)2. Break that coalition.
Obama's legacy is secure enough without a shitty trade deal.
Meanwhile: congratulations on today's victories. God bless you all.