Barack Obama’s Trade Agenda to face Objections of House Democrats

President Barack Obama’s trade agenda is all set to face objections of White House Democrats. Supporters of president’s trade agenda hope that endorsement by a Senate’s committee will help deal with partisan divides in the House.

On Thursday, Ways and Means Committee, a government body that reviews and makes recommendations for government budgets, will vote on ‘fast track’ bill, which is similar to a bill endorsed by the Senate Finance Committee on Wednesday. The bill will renew presidential authority to present trade deals that can be sanctioned or rejected by Congress. Congress will not be able to amend the trade deals.

President Obama wants fast-track powers to advance free-trade proposals like the 12-nation Trans-Pacific Partnership. A number of liberals and labor unions said that free-trade deals could badly hurt jobs in the United States. At present, the Democratic resistance appears stronger in the House.

United States Representative and the top Ways and Means Democrat, Sander Levin, has offered an alternative bill. Levin’s bill would make greater demands on trading partners in issues like currency policies and conditions of workers. Levin’s efforts have been backed by Nancy Pelosi, who is House Democratic leader.

Leaders who are against Obama’s deal have lost a round on Wednesday. The Senate Finance Committee beat a ‘currency manipulation’ measure that the president supporters said would unravel the Pacific Rim deal. Votes against and for the measure were divided between Democrats and Republicans.

On Wednesday, the committee voted 20-6 and passed the fast-track bill. Sen. Richard Burr of North Carolina was the only Republican committee that voted ‘no’. Committee Chairman Orrin Hatch, R-Utah, said that fast-track approval will lead to ‘high standard’ trade deals in the future.