House Budget Committee Chairman Paul Ryan, R-Wis., declares that he was “disappointed” in President Obama’s speech on a federal spending plan, during a news conference at the Capitol in Washington, Wednesday, April 13, 2011. (AP Photo/J. Scott Applewhite)
The Obama secret trade deal failed in the House yesterday, but the president’s loyal supporters aren’t giving up.
House Democrats dealt President Obama a humiliating defeat on his free-trade initiative Friday, derailing a key priority for the president and rebuffing his rare, personal pleas for their support.
The defeat at the hands of his own party placed Obama’s trade agenda in limbo and exposed deep party divisions on economic policy, leaving the pro-trade Democrats marginalized by the anti-corporate wing of the party, which has been on the rise since the 2008 financial collapse. It also exposed the weakening hand of House Minority Leader Nancy Pelosi (D-Calif.), who had…
View original post 529 more words