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To: BlackFemaleArmyCaptain

The Trans-Pacific Partnership (TPP) is the name of the 12-nation trade talks that are currently ongoing. There is no deal, though Obama administration officials say they are closing in on one. President Barack Obama has made reaching a deal on TPP one of the top goals of his second term and a cornerstone of his foreign and domestic policy agenda. It is also a top priority of Republican leadership in the House and Senate. Many Democrats, stung by past major trade agreements, are skeptical of the direction of the negotiations. But it’s important to note, again, there is technically no deal ... yet.

Think about negotiating with 11 other countries. They’ve all got their own politics, their own legislatures, and their own powerful industries. How could you possibly get all 11 to agree on the same principles, let alone a specific trade deal? It’s not easy. So it would make sense to create a mechanism to try and streamline the process, right? Meet the Trade Promotion Authority (TPA). TPA is not the trade deal (again, that’s TPP). It is, more or less, a procedural mechanism designed to ease the passage of any deal. TPA, also known as “fast-track,” doesn’t prevent lawmakers from voting on a final deal, but it does prevent amendments. Obama administration officials say explicitly they need TPA to reach a final agreement on TPP. Other nations, as Obama’s team explains it, simply don’t trust that the U.S. can get a deal through Congress untouched without it. (This is a serious point of disagreement between Obama and Democrats opposed to the trade deal.)

While TPA is not (repeat: is not) the actual trade deal, it does require legislation and a vote. Democrats opposed or who are wavering on trade see that bill as one of the last points of leverage should Obama actually finalize a deal. If TPA passes and Obama’s team reaches an agreement on TPP, there’s little confidence within the ranks of those opposed to a deal that momentum could be halted at that point. For a unified labor movement, progressive activists, and Democrats opposed to the deal, that has painted TPA as a must-kill item on the agenda.

http://www.bloomberg.com/politics/articles/2015-06-15/from-tpa-to-tpp-a-trade-deal-explainer


92 posted on 09/11/2015 8:56:18 PM PDT by Cold Heat (For Rent....call 1-555-tagline)
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To: Cold Heat

The kenyan intends to dump the TPP crap sandwich on the GOP right before the primaries start, IMO. He’s trying to destroy the GOP as a viable opposition party to the demomarxist agenda.


99 posted on 09/11/2015 9:07:48 PM PDT by lodi90
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