House, Senate negotiators agree on Iran sanctions
Source: Associated Press
House, Senate negotiators agree on Iran sanctions
AP foreign, Tuesday July 31 2012
DONNA CASSATA
Associated Press= WASHINGTON (AP) House and Senate negotiators reached agreement Monday on a new round of stifling sanctions on Iran, targeting energy, shipping and insurance sectors with punitive measures to derail Tehran's suspected push for nuclear weapons.
Lawmakers filed a final bill late Monday, with a House vote expected as early as Wednesday. Congress has just a week before a monthlong August recess and members see the legislation as the last chance to impose crippling penalties on Iran.
"The bill sends a clear message to the Iranian regime that the U.S. is committed, through the use of sanctions, to preventing Iran from crossing the nuclear threshold," said Rep. Ileana Ros-Lehtinen, R-Fla., chairwoman of the House Foreign Affairs Committee.
Sen. Tim Johnson, D-S.D., chairman of the Senate Banking Committee, said the bill reconciles the House and Senate bills and incorporates new provisions from lawmakers. He vowed to help pass it in the Senate before Congress adjourns.
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