Keystone Approval Passed by House Amid Obama Veto Threat

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The U.S. House of Representatives voted to approve TransCanada Corp.’s Keystone XL pipeline, moving toward a showdown with President Barack Obama, who has said he would veto the measure.

The House’s 266-153 vote today fell short of the two-thirds that would be required to override Obama’s veto. All but one Republican voted for the measure, joined by 28 Democrats.