'Fast-track' Trade Bill Derailed in House in Blow to Obama

President Barack Obama was dealt a big blow when the U.S. House of Representatives blocked legislation on Friday to "fast-track" trade deals through Congress. Lawmakers also defeated a related measure on giving aid to workers who lost their jobs because of trade pacts. The measures had been joined together, and the defeat marks the end of a drive in the House to pass the fast-track bill. Obama needed the fast-track bill to pass, so that he could finish negotiating a 12-nation Pacific Rim trade deal. When a reporter asked if the agreement had been "nailed down," Obama replied, "nothing's ever really nailed down."