Tuesday, Sept. 30, 2008 | 9:06 a.m.
WASHINGTON -- Senate Majority Leader Harry Reid opened the Senate today saying he will “continue doing everything possible” to move the bailout bill forward in coming days.
Congress is quiet today for the Jewish holiday, but Reid and his Republican counterpart, Sen. Mitch McConnell, the minority leader from Kentucky, both have said they are working to find a new path for the failed bill.
The dilemma they face in finding the 12 House votes needed for passage is an uneasy quest for the center. If they add Democratic-backed provisions to attract Rep. Shelley Berkley and others who voted no, they risk losing Republicans in both chambers. Same goes the other way.
Yet if the markets continue to nosedive as they did Monday after the House killed the bill in a stunning defeat, no-voting lawmakers may be asking for a do-over.
“We are all committed to keeping the progress of the rescue package moving forward,” Reid said. “In the coming days, I will continue doing everything possible to see this dire and avoidable financial crisis through to the best possible outcome.”
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