Tuesday, September 30, 2008

What's the Strategy Here? [Kathryn Jean Lopez]
From Senate aides:
The Senate will vote on the economic rescue plan tomorrow night after a series of stacked votes starting at 7:30.
The structure is this:
The Senate will call up H.R. 1424, the text of which will be substituted with the economic rescue plan (a Dodd amendment which must have the consent of both the Majority and Minority Leaders). The only other amendment in order will be a Sanders amendment that will be handled by a voice vote.
The bill will be subject to a 60-vote threshold for passage.
Remind me again why Chris Dodd is allowed to lead on this, given his contribution to the mess. (Senate rules be damned.)
UPDATE: Some more info, from an aide: "it will be the economic rescue plan, plus the FDIC improvement, plus the tax relief extension bill that we passed earlier this month ($100 million in net tax relief that’s being stalled in the House)."
UPDATE II: A Senate source on the GOP side assures: there's a "Majority Leader/Minority Leader consent clause in there to make sure that nobody tried to add anything to the bill that didn't [have one of the party leader's] consent."
09/30 08:17 PM
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