Republicans Block Start of Debate on Financial Bill

[babsbunny]

http://www.nytimes.com/2010/04/23/business/economy/23regulate.html?nl=&emc=aua1


By DAVID M. HERSZENHORN
Published: April 22, 2010

WASHINGTON — Senate Republicans on Thursday blocked an effort by Democrats to start debate on legislation to tighten regulation of the nation’s financial system, and the two sides traded bitter accusations about who was standing in the way of a bipartisan agreement.

The majority leader, Harry Reid of Nevada, asked Republicans to agree to begin debating the measure, which would impose a sweeping regulatory framework on Wall Street and big financial institutions. But the Republican leader, Senator Mitch McConnell of Kentucky, objected, saying Democrats were pre-empting negotiations to reach a deal.

[DCBob]

1. "Give em Hell" Harry is bringing to the floor regardless..

There will be a test vote on Monday..

"In response, Mr. Reid said he would call the first procedural vote on Monday in an effort to stop the Republican filibuster. That vote could test Republican resolve to oppose the measure in an election year, amid public dismay over big Wall Street profits and bonuses even as unemployment remains high."

[AlinPA]

2. All this talk about republicans willing to work in a "bipartisan way" is just plain bullshit.

Filibustering is all they will do from now on. The Democrats and media are stupid for thinking they would act differently.