Latest Cafta news

Here's hopeful, albeit lukewarm, news from the Anti-Cafta front:

Democratic Leaders Reid, Hoyer Say Cafta Will Fail

May 3 (Bloomberg) -- Harry Reid, the top Democrat in the U.S. Senate, and Steny Hoyer, the second-ranking Democrat in the House of Representatives, predicted the Central American Free Trade Agreement won't pass because of opposition from their party.

Democrats' complaints about the potential undermining of the domestic sugar industry, the impact on the record U.S. trade deficit, slack enforcement of labor and environmental laws in Central America, and disillusionment over the decade-old North American Free Trade Agreement is putting Cafta in jeopardy.

"I think most Democrats won't vote for" Cafta, Reid said in an interview. "I don't think it will pass."

Hoyer of Maryland told reporters today that he sees Democrats voting "overwhelmingly against" Cafta, and that there may not be enough support among Republicans to even hold a vote.

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