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Trade proposal deal reached, congressional leaders say

From CNN:

A day after suffering an embarrassing setback when Obama’s own party rebuked him on a major trade bill, Senate leaders said they have struck a deal to move forward on the measure.

Majority Leader Mitch McConnell and top Democrat Harry Reid announced the deal on the Senate floor on Wednesday afternoon.

The chamber has scheduled a crucial procedural vote for 2 p.m. Thursday on whether to move forward with trade promotion authority, which would allow Obama to submit the 12-country Trans-Pacific Partnership to Congress for a vote without amendments.

First, though, the Senate will give Democrats votes on several other measures that they have demanded as a condition for taking up trade promotion authority.

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