Senate moves to avert rail strike amid dire warnings

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The Senate was moving quickly Thursday in an effort to avert a rail strike that the Biden administration and business leaders say would greatly damage the economy.

Senate Majority Leader Chuck Schumer announced a deal to hold a series of three votes related to the rail negotiations, with the final vote on whether to bind rail companies and workers to a proposed settlement that was reached in September.

That settlement had been rejected by some of the 12 unions involved, creating the possibility of a strike. The House has already voted to impose that agreement anyway.

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