Capping a half-century battle with the tobacco industry, Congress overwhelmingly approved landmark legislation Thursday that would for the first time give the government far-reaching power to regulate the manufacturing and marketing of cigarettes and other tobacco products.

The legislation, which was approved by the Senate 79-17 and is expected to pass the House today, would allow the Food and Drug Administration to regulate ingredients in tobacco products and ban the marketing of ''light'' cigarettes.

In a bid to deter new smokers, the bill also imposes strict new limits on full-color advertising for cigarettes, bans billboards close to schools and requires packages to carry larger warning labels.

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