Political Quick Hits: October 14th Edition

Here’s your weekly quick look at few developing stories in the political arena:
- On Tuesday, President Obama’s jobs bill was defeated in the Senate. 50 senators voted for it, 49 against it, a bill needs 60 votes in the Senate to proceed. President Obama promised after this setback to break his jobs bill up into several smaller parts, which would each come up for a vote. (CNN)
- On Wednesday night, Congress overwhelmingly passed free trade deals with Panama, Colombia and South Korea. This is seen as the most significant expansion of trade relations in two decades. The agreement with South Korea, which is the world’s 15th largest economy, could be a boost for the U.S. economy and has the potential to create up to 280,000 American jobs and boost exports by $12 billion, according to the U.S. International Trade Commission. (Washington Post)






