In what the Obama Administration called a “procedural snafu,” the House last week refused to extend a four-decade old program that grants protections to workers displaced by global trade. While this longstanding program has traditionally been popular among Democrats, the trade deal it would usher in if passed is one they fiercely oppose.
While the procedural details of what exactly transpired in the vote are fairly complex, the take-home message is this: the House successfully shot down a contentious piece of legislation, commonly referred to as Fast Track, that would grant the president executive powers to negotiate trade deals that cannot be amended or filibustered by Congress. And once that happens, President Obama would certainly use his fast track authority to speed along passage of the Trans-Pacific Partnership. The Trans-Pacific Partnership, or TPP, is a proposed free trade agreement with 11 other nations along the Pacific Rim that would affect 40 percent of the global economy. The TPP would be the most expansive trade deal reached in history, and President Obama has made its success a top legislative priority in his last term.
It’s also one of the most divisive political issues on the Hill right now. Here’s why:
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