Posted on 05/13/2015 8:33:55 AM PDT by GIdget2004
Senate Democratic Leader Harry Reid (D-Nev.) and New York Sen. Charles Schumer (D) are proposing a compromise to move forward on President Obamas trade agenda, which suffered a serious setback Tuesday.
Reid and Schumer are proposing to pull language addressing currency manipulation from a customs and enforcement bill that Democrats insist must be included in a package of legislation along with fast-track authority and Trade Adjustment Assistance.
In return, they want the Senate to hold a vote on standalone legislation cracking down on currency manipulation before moving to the larger trade package, which would include fast-track, TAA, a pared-down customs bill, and a package of trade preferences for African nations, according to a Democratic leadership aide. Reid and Schumer floated the idea, and Schumer suggested it to Senate Republican Whip John Cornyn (Texas) late Tuesday afternoon.
Senate Majority Leader Mitch McConnell (Ky.) did not respond directly to the Democratic offer in remarks on the Senate floor Wednesday morning. He urged Democrats to allow the debate on the package he and other Republicans favor, which includes only fast-track authority and TAA.
Hardly anyone believes there is a serious policy leg for these folks to stand on, McConnell said of Senate Democrats who blocked the start of the trade debate.
McConnell said attaching the customs and enforcement bill to the fast-track and TAA would derail those measures, but did not comment specifically on a customs bill stripped of currency manipulation language.
(Excerpt) Read more at thehill.com ...
That does not look or smell like a “compromise” floating there.
Cream is not the only bovine product that floats.
The Democrats are in Total Control of the House ,Senate and White House ,so the GOP should go home and get ready for the Nuclear War
Mitch McConnell will kiss Obama’s a$$ on this deal he has to pay back his backer.
Anyone seen the canary?
GOP has rejected the compromise, still negotiating:
http://www.politico.com/story/2015/05/trade-bill-standoff-senate-117900.html?hp=r1_4
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