Fast-Track Trade Bill Deal Said to Be Reached by Congress
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A bipartisan group of lawmakers has reached agreement on legislation to help President Barack Obama win approval of trade deals, including a Pacific-region pact now in negotiation, a Senate aide said.
Leaders of the House Ways and Means Committee and Senate Finance Committee, which have jurisdiction over trade accords, agreed today on so-called fast-track legislation that would let the White House negotiate trade deals that Congress would approve through an up-or-down vote, without adding amendments, the person said.