By Doug Palmer
July 27, 2007
WASHINGTON (Reuters) – Thevoted 20-1 on Thursday (July 26) to give the U.S. government new tools to press to raise the value of its currency, but the Bush administration said it opposed the bill.
The overwhelming vote shows Congress is headed toward passing legislation by a big enough margin to overcome any presidential veto, said, a Democrat who helped craft the measure.
“It is time to pass legislation that will have a real effect, and this bill will. A vote of 20-to-1 signals veto-proof support and shows the Chinese ….