Obama Loses Senate Vote on TPP(A)
TTPA loses senate vote…
Wellington anti-TPPA protest Nov 2014
Yet another victory for our side. The tide seems to be turning against corporate America.
Today the Guardian reported that Tuesday’s 52-45 senate vote shut down further discussion of the Transpacific Partnership Agreement. Owing to the threat of filibuster, this procedural vote required at least 60 “ayes” in order to let the Senate host discussions on whether or not to give the president “fast track” authority.* Failure to reach that threshold puts the future of the TPP(A) in jeopardy.
The proposal was defeated by Democrats wanting to add measures to protect US workers and prevent currency manipulation.
Most analysts agree that the eleven other countries negotiating TPP(A) are unlikely to agree to the treaty unless they know the US Senate will approve it without modification.
Many also believe the setback spells an end to any chance the US will sign up to the TPP(A) before…
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