AGRIBUSINESS: House And Now Senate Democrats Against TPA

The Trade Promotion Authority is not going over well with the Democrats in Congress.

Senate Majority Leader Harry Reid said he is opposed to TPA legislation that would speed approval of trade deals.  This would let the President propose legislation that can be voted up or down, but not amended.

Reid said everyone would be well-advised to not push the issue right now.  This is a response days after President Obama made his push for so-called fast track authority as the U.S. works to complete the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership agreements.

The TPA legislation faces another problem, Senate Baucus; this bill’s sponsor was nominated to be the next U.S. Ambassador to China.  His expected successor, Oregon Senator Ron Wyden, said he is not prepared to back the Baucus bill.

Back in November, 151 House Democrats wrote to President Obama criticizing the TPA.  Senate co-sponsor of the TPA legislation, Orrin Hatch said it would be almost impossible to conclude trade deals without fast-track authority.