Senate Panel Moves Ahead On Stalled Trade Deals

Law360, New York (June 28, 2011, 5:45 PM EDT) -- The Senate Finance Committee said Tuesday that it would move forward on three stalled free trade agreements between the U.S. and South Korea, Colombia and Panama, and that the deals will include a renewal of the Trade Adjustment Assistance program.

The three trade pacts have been on hold since May, when President Barack Obama insisted that lawmakers renew the expired TAA program — a multibillion-dollar program designed to help U.S. workers whose jobs disappeared as companies moved their operations overseas — before he would submit the...
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