Obama, Gop Can Now Partner On One Project: Trade Pacts – Yahoo News

Sen. John McCain The new GOP power players He added: “The president has really got a choice.” McConnell offered to work with Obama on areas like tax reform and international trade deals but also signaled clashes with the White House on Obamacare and energy policy. “There certainly are going to be areas of disagreement,” the Kentucky Republican said. Obama said he will likely take actions that lawmakers won’t like but also highlighted areas of potential agreement, including tax reform. It will take time to see whether McConnell has running room from conservatives within his party who may prefer a strategy of confrontation. Obama, meanwhile, must consider how he can safeguard his own political legacy of health care reform, a Wall Street overhaul and an uneven economic recovery.
Source: http://www.cnn.com/2014/11/05/politics/elections-wednesday/index.html

Now watching Next video starts in : 7 Play Will President Obama find common ground with new Republican Congress? Replay video Steve-O — Cops Investigating SeaWorld Stunt — Prosecution Likely View gallery A photograph of US President Barack Obama hangs nearby as voters cast their ballots at a pollling st Washington (AFP) – US President Barack Obama will hold a press conference on Wednesday, one day after his Democratic party was dealt a stinging defeat in midterm elections, the White House said. At the press conference set for 2:50 pm (1950 GMT), Obama will likely address how he plans to work with Republicans, who on Tuesday seized control of both houses of Congress in a stinging rebuke to the second-term president. Obama didn’t speak on Tuesday, but he invited congressional leaders to the White House on Friday. Republicans strengthened their majority in the House of Representatives and retook the Senate — meaning they have control of both chambers of Congress for the first time since 2006. The new legislature takes power in January.
Source: http://news.yahoo.com/obama-speak-white-house-says-midterm-election-drubbing-003519728.html

Obama vows to ‘get the job done’ with Republicans – Yahoo News

Currently, Obama is negotiating two proposed trade pacts. One, called the Trans-Pacific Partnership Agreement, would expand trade with 12 countries, mainly in Asia, that encompass 40 percent of the global economy. The other, called the Transatlantic Trade and Investment Partnership, would be between the US and the European Union. To complete the deals, the president needs Congress to agree that it will allow only an up-or-down vote on each pact. Otherwise countries will not make the compromises needed in such difficult trade talks. In granting the president that authority, the GOP could set a tone of trust that could lead to other compromises on legislation.
Source: http://news.yahoo.com/obama-gop-now-partner-one-project-trade-pacts-212710072–politics.html

Obama Defiant, Vows Immigration Action This Year – ABC News

“I have no doubt that there visit will be some Republicans who are angered or frustrated by any executive action that I may take,” Obama said in a post-election news conference. “Those are folks, I just have to say, who are also deeply opposed to immigration reform, in any form, and blocked the House from being able to pass a bipartisan bill.” He cast his executive actions as an inducement for Republicans to pass their own immigration bill. “The best way, if folks are serious about getting immigration reform done, is going ahead and passing a bill and getting it to my desk. And then the executive actions that I take go away,” he said. Republicans led by McConnell pledged to use their newfound majorities to stop him.
Source: http://abcnews.go.com/Politics/wireStory/obama-firm-vow-act-immigration-year-26714367

Trade legislation loomed as one possibility for quick compromise, and immigration as an early irritant. “There is no doubt that Republicans had a good night,” the president said at the White House, referring to big gains that left the GOP in control of the Senate, with an expanded House majority and in possession of a handful of governorships formerly in Democratic hands. To voters who handed the GOP control of Congress, he said, “I hear you. … It’s time for us to take care of business.” He cited construction of roads, bridges and other facilities as one area ripe for cooperation, and trade as another. At the same time, he noted, “Congress will pass some bills I cannot sign.
Source: http://news.yahoo.com/obama-vows-job-done-republicans-210015641–politics.html


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