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Stock Option Trading A key House Republican said yesterday that he has reached "virtual agreement" with Democrats on a bill to give President Bush the authority to negotiate broad trade pacts.

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Currency Day Trading Ways and Means Committee Chairman Bill Thomas (R-Calif.) told reporters that the deal has not been sealed but that he expects the House to approve the proposed "trade promotion authority" for Bush in the coming weeks.

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Financial Software Trading "We have had a temporary setback on the schedule" because of the deadly attacks on the World Trade Center and the Pentagon, Thomas said. "But from a working document point of view, from an agreement point of view, from a content point of view, I believe we are in virtual agreement."

House Ways and Means Chairman Bill Thomas ( Calif.) range domestic issues. Thomas said the President offered his solution to Social Security in as much detail as people need. At this point, Thomas said, it is incumbent on Democratic critics who do not agree with the President to come forward with their own solutions to strengthen Social Security for future generations.

Online Stock Trading Company The White House has not had trade promotion authority -- also known as "fast track" -- since it expired in 1994 because of sharp disagreements between Republicans and Democrats over the need for labor and environmental protections in trade pacts. Thomas did not say how those issues were resolved.

Congress' schedule for the remainder of July will include work on the Central American Free Trade Agreement, the highway bill, the energy bill, and other pieces of legislation, Thomas told reporters on July 13.

Forex Day Trading Taking issue with Thomas's "virtual agreement," however, was Rep. Sander M. Levin (Mich.), the ranking Democrat on the Ways and Means trade panel, who was critical of Thomas's timing and his negotiations with "a handful of Democrats."

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Financial In Market "This is the wrong approach at the wrong time," Levin said. "It's wrong substantively, and it's wrong in terms of what this nation faces at the moment."

Stock Trading System Under a fast-track arrangement, Congress would give up its right to amend a trade agreement negotiated by the executive branch; it would agree, instead, to vote yes or no within a specified period on whether to approve the pact as a whole. Supporters say that, without the legislation, countries would not negotiate seriously with the United States because Congress could change any agreement.

Day Trading Stock Tip Reuters - 9/14/2001

Topic: Congress

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