Recent News

President Barack Obama on Monday said he won't support a short-term deficit-cutting deal and continued to press for a more ambitious agreement involving taxes after a Sunday evening summit with congressional leaders failed to produce a deal. more»

President Barack Obama appears headed toward a fight with Republicans over a long-delayed trade deal with U.S. ally South Korea, even though both sides say they want it to pass Congress. more»

Sen. Orrin Hatch, the top Republican on the Senate Finance Committee confirmed Tuesday that lawmakers and the White House have landed a deal to renew Trade Adjustment Assistance and begin work on pending free trade agreements this week. more»

The White House struck a deal with House Republicans Tuesday to reinstate benefits for workers who lose jobs to foreign competition, addressing a major obstacle to consideration of three free trade agreements with South Korea, Colombia and Panama. more»

President Obama and key lawmakers plan to announce this week an agreement to revive trade-adjustment assistance for unemployed workers who have lost their jobs because of overseas trade, according to several sources. more»