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BREAKING: Facing Progressive Pressure, Obama Backs Off Panama Free Trade Agreement [View All]

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 05:07 PM
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BREAKING: Facing Progressive Pressure, Obama Backs Off Panama Free Trade Agreement
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Source: Open Left

BREAKING: Facing Progressive Pressure, Obama Backs Off Panama Free Trade Agreement
by: David Sirota
Thu May 21, 2009 at 17:18

This is huge news for the Make Him Do It Dynamic:

May 21 (Bloomberg) -- A U.S. trade accord with Panama, which is opposed by labor unions, won't be submitted to Congress for approval until President Barack Obama offers a new "framework" for trade, an administration official said.

The decision, announced by Assistant U.S. Trade Representative Everett Eissenstat at a Senate Finance Committee hearing today, is a reversal from statements in March that the U.S. wanted to pass the accord soon...

Eissenstat's comments follow remarks by John Sweeney, the head of the AFL-CIO labor federation, that unions would oppose a rush to ratify the deal. Also today, 55 House Democrats told House Speaker Nancy Pelosi to reject the Panama accord unless it is renegotiated.

Read more: http://www.openleft.com/diary/13450/breaking-facing-progressive-pressure-obama-backs-off-panama-free-trade-agreement
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