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Obama's secret TPP 'trade assistance' rider includes $700 million in proposed cuts to Medicare

Obama's secret TPP 'trade assistance' rider includes $700 million in proposed cuts to Medicare --Unions, Seniors Groups Urge Congress Not to Cut Medicare to Fund Trade Assistance | 09 June 2015 | An already difficult road for the Trans-Pacific Partnership in the House of Representatives got bumpier on Monday, as controversial Medicare cuts were brought into the mix. Labor unions and senior citizens' groups are launching efforts to lobby House members against a bill that includes $700 million in proposed cuts to Medicare reimbursements for doctors and hospitals. The cuts would be used to fund a $2.5 billion extension of Trade Adjustment Assistance funding, which aids workers who lose their jobs as a result of trade [sic] deals. The TAA extension accompanies legislation known as Trade Promotion Authority, which gives President Barack Obama the ability to "fast-track" trade deals, including TPP, a controversial trade corporate takeover agreement between the United States and 11 Pacific Rim nations. The Huffington Post has obtained exclusive access to two letters, both sent to House members on Monday, one from labor unions and one from a number of seniors groups.