How Medicare Is Getting Stiffed In Obama's Massive Trade Deal

05/20/2015 11:09 am ET | Updated May 20, 2015
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In their bid to sell a skeptical Democratic Party on a free trade agenda, the Obama Administration has insisted that no U.S. laws would change as a result. “Our trade agreements would not weaken our ability to implement the law now or in the future,” Treasury Department spokeswoman Whitney Smith told Bloomberg. Top White House officials contended to Politico that the “fast-track” trade bill “expressly forbids changing U.S. law.” As I said last week, this is only partially true, at best. In fact, the companion bill to fast track itself does include a change to U.S. law, paying for assistance for workers who lose their jobs from trade deals — by cutting medical assistance to the elderly.

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