"The Senate handed President Barack Obama a major win Thursday, voting to advance his trade agenda by ending debate on a bill that would grant him the power to fast-track massive new pacts through Congress.
A number of senators objected to the process, complaining that they were unable to get votes on amendments they deemed essential to making sure that looming, still-secret deals with 12 Pacific Rim nations and Europe live up to promises of helping U.S. workers.
But 62 of their colleagues disagreed, and voted to halt debate anyway, setting up passage of the fast-track bill by the end of the week
Fast track, formally known as Trade Promotion Authority, would allow the president to cut trade agreements with other nations, then advance them through Congress with expedited procedures..."
"We're moving to this massive bill with very little debate even on the fast-track policy. And if that's adopted and the bill -- TPP -- appears, there will be no amendments on it," said Sen. Jeff Sessions (R-Ala.), referring to the fast-track rules that don't allow Congress to alter trade agreements.
"Several senators said later that the key was Senate Majority Leader Mitch McConnell (R-Ky.) promising Sen. Maria Cantwell (D-Wash.) to have a vote on reauthorizing the Export-Import Bank, which backs loans in places where there might not otherwise be sufficient funding to purchase products from the United States. A key beneficiary is Boeing, in Cantwell's state" - Read More from the shills at Huffington Post
In essence, while we were enamored by Senator Paul's filibuster on the PATRIOT Act, another nefarious debate was going on behind closed doors. That debate is now closed on the "Fast Track" bill, and it will be voted on by this Friday.
This bill is a Catalyst component to the TPP, which if introduced won't be allowed to be amended, nor debated upon, if their is a simple majority (as I understand it).