Reid Lines Up Tonight’s Senate Votes
Majority Leader Harry Reid (D-Nev.) on Wednesday readied the Senate for a busy day and long night that will be capped off with a vote on the retooled financial rescue package.
Reid, speaking on the Senate floor, indicated there will be several votes in the evening on the Amtrak bill, the India nuclear agreement and then the bailout bill.
The Senate will begin voting approximately 7:30 on the Amtrak bill and then move to the other measures.
The Senate will also close down from 12:30 to 2:15 p.m. for the weekly Republican and Democratic luncheons. Reid is expected to brief his colleagues on the bailout at the lunch.
Reid emphasized the need to act quickly on the rescue plan, after the House shot down the bill Monday, to prevent further erosion in the markets. Reid said the bill will include the tax-extenders bill that overwhelmingly passed the Senate last week as well as other provisions designed to to attract more support.
Now is not the time for politics and partisanship. This was a jointly agreed upon bill. We agree that now is not the time for partisanship, Reid said.
I say to my friends in the House of Representatives, weve got to get this done. We cannot leave Washington without doing the financial rescue package and not doing this tax-extender bill, Reid said.
Minority Leader Mitch McConnell (R-Ky.) in his opening statements agreed that the this is the proper path toward adjournment.
We believe that we have crafted a way to go forward and to get us back on track. This is the only way to get the right kind of solution for the American people, the Republican leader said.
Presidential nominees Sens. Barack Obama (D-Ill.) and John McCain (R-Ariz.) plan to suspend their campaigns to vote for the bailout bill.