Senate OKs TAA Extension, Making Way For Trade Deals

Law360, New York (September 22, 2011, 8:54 PM EDT) -- The U.S. Senate voted 70-27 on Thursday to extend the Trade Adjustment Assistance program that aids workers displaced by foreign competition, clearing a path toward consideration of three long-stalled free trade agreements.

President Barack Obama has said that he would not submit the trade deals with South Korea, Colombia and Panama unless Trade Adjustment Assistance was extended. The program ended in February, when the Senate failed to extend it.

Senate Minority Leader Mitch McConnell, R-Ky., voted against extending the program Thursday, but said that now that...
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