This afternoon, Senate Majority Leader Harry Reid’s debt bill, S.627, failed to get to a vote for passage. The vote to end debate, otherwise known as a cloture vote, failed 50-49 as 60 votes are required to end debate. Although Harry Reid has refused two offers by Senate minority leader Mitch McConnell to vote here [...]
Tag: "S. 627"
Just after 10pm on Saturday night, Harry Reid announced that the Senate vote on his debt bill was being moved from 1am on Sunday morning to 1pm Sunday afternoon eastern time. Reid mentioned that negotiations were ongoing. What comes out of these negotiations is likely to be a watered-down combination of several plans. The two-phase [...]