Bloomberg reports that “President Barack Obama sent pending free-trade agreements with South Korea, Colombia and Panama to Congress after lawmakers created a path for renewing benefits for workers who lose their jobs to foreign competition. The trade accords reached under President George W. Bush and revised by Obama had been stymied in a stalemate with House Republicans over the aid, called Trade Adjustment Assistance.”
According to the story, “The Senate voted to extend the aid on Sept. 22, and House Speaker John Boehner, an Ohio Republican, said he would consider the worker assistance in tandem with the trade deals after the Obama administration sent up the measures.”
The Grocery Manufacturers Association then praised the Obama administration for sending Congress the free trade agreements, saying that “the agreements are critically important to increasing the exports of U.S. food and consumer products.”
According to the story, “The Senate voted to extend the aid on Sept. 22, and House Speaker John Boehner, an Ohio Republican, said he would consider the worker assistance in tandem with the trade deals after the Obama administration sent up the measures.”
The Grocery Manufacturers Association then praised the Obama administration for sending Congress the free trade agreements, saying that “the agreements are critically important to increasing the exports of U.S. food and consumer products.”
- KC's View:
