‘A Great Day for Corporate America’: US Senate Passes Fast Track
(COMMON DREAMS) Deirdre Fulton — In a win for multinational corporations and the global one percent, the U.S. Senate on Tuesday narrowly advanced Fast Track, or Trade Promotion Authority (TPA) —ensuring for all practical purposes the continued rubber-stamping of clandestine trade agreements like the Trans Pacific Partnership (TPP) and TransAtlantic Trade and Investment Partnership (TTIP).
The cloture motion to end debate needed 60 votes and it got just that, passing the chamber 60-37. The full roll call is here. A final vote will come on Wednesday. Having overcome the biggest hurdle, the legislation is expected to pass, and will then be sent to President Barack Obama’s desk to become law.
Sen. Bernie Sanders (I-Vt.), who campaigned vigorously against Fast Track, said the vote represented a win for corporate America. “The vote today—pushed by multi-national corporations, pharmaceutical companies and Wall Street—will mean a continuation of disastrous trade policies which have cost our country millions of decent-paying jobs,” the presidential candidate said in a statement.
And Sen. Sherrod Brown (D-Ohio), another of the most vocal opponents of Fast Track, railed against TPA moments before the vote, accusing Congress of turning on its “moral” obligation to assist the working class.