Senator Max Baucus has tied the renewal of the Trade Adjustment Assistance program with trade deals for Korea, Columbia, and Panama. The Senate Democrat is the Finance Committee Chairman and has the support of at least 41 Senators on this matter. Republican Senators are open to providing additional funding for the Trade Assistance Program. Trade pacts must be approved or rejected within 90 days under the fast track rules.
To read a related Reuters article, please click here:
http://www.reuters.com/article/2011/05/25/us-usa-trade-deals-idUSTRE74M4UD20110525
Jim Sutliff