Economy
June 16, 2015
TPA Stalled by Defeat of TAA
Written by Sandy Williams
The Trade Promotion Authority (TPA) “fast track” was passed by the House in a 219-211 vote on Friday. The Trade Adjustment Act (TAA), however, suffered a crushing defeat in a 126 to 302 vote.
TAA would extend a program providing assistance to workers who lose their jobs as a consequence of trade deals and add benefits for public and service sector workers. TPA and TAA are part of a single legislative package and both measures must be passed before the bill can be signed by the President.
