Posted on 07/31/2011 9:30:27 AM PDT by silentknight
12:04pm | Reid vote still scheduled for 1pm.
Senate Majority Leader Harry Reid said the Senate will still vote on his plan to raise the debt limit today.
Reid reading from AP report citing soldiers concerned about supporting their families if debt limit isn't raised.
Reid says he and Obama are "hopeful" that a deal is near. "We are cautiously optimistic," adding serious issues remain to be resolved in the next few hours.
"There's no agreement that has been made, but we're optimistic one can be reached."
Reid thanks McConnell for being a "cheerleader" on this compromise.
Read more: http://www.businessinsider.com/live-coverage-debt-ceiling-sunday-negotiations-2011-7#ixzz1ThTEm13A
(Excerpt) Read more at businessinsider.com ...
We need the Mack/Rand plan. Cap at currant spending then cut 1% a year for ten years!!!
We’ve been sold. No pol gets it. The one’s that talk the talk are in on it too. At this point if they’re not calling for revolution or secession, they don’t get it.
Did I just hear correctly that Dingy Harry changed his vote from yes to no?
Let me translate. GOP caved in again. This can only help the Tea Party.
Yes
Senate just blocked the Reid plan. Not sure exactly what they are up to.
Yes, purely procedural. So he can move cloture again should he desire to do so. I note the democrats die even get all the democrats to vote for cloture. The vote was only 50 for and 49 against, if you count Reid for cloture. They were still short 2 democrat votes.
OK, thanks, I get it now.
Scot from mass voted yes, manchin and nelson from nebraska voted no.
1:26pm | Cloture vote on Reid measure fails.
As expected, Reid did not have the required 60 votes to end debate on his plan. Reid voted no on his plan to be sure he can maintain the “House vehicle” the underlying Boehner plan to get expedited consideration of the ultimate compromise to raise the debt limit.
All Republicans but Sen. Scott Brown (R-MA) and Democrats Joe Manchin (D-WV), Ben Nelson (D-NE), and Bernie Sanders (D-VT) voted against ending debate on the Reid measure.
The final tally: 50-49. 60 yea votes were required.
Read more: http://www.businessinsider.com/live-coverage-debt-ceiling-sunday-negotiations-2011-7#ixzz1ThnzVuC2
No, it's not irrelevant.
NYT is saying Obama caved.
Not sure how that is calling him a "master negotiator".
The cloture vote on the Reid debt plan just failed with 50 yeas and 49 nays. Reid needed at least 60 votes for cloture to move on to a vote of consideration.
Almost every Republican Senator and at least two Democrats (Joe Manchin of West Virginia and Reid) plus Socialist Bernie Sanders of Vermont voted no.
I would call this a victory for now.
Senate has gone into recess. Nothing else of significance today - according to Fox News
The House has adjourned until tomorrow at 10am
I thought I read McConnell saying they were—really, really close.
Gee, that was easy. Thanks guys. . Now I can rest easy.
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