Sen. Harry Reid (D-Nev.) spokesman Jim Manley has confirmed that the DISCLOSE Act will be brought up for debate tomorrow and a possible vote on Thursday in the
Sen. Harry Reid (D-Nev.) spokesman Jim Manley has confirmed that the DISCLOSE Act will be brought up for debate tomorrow and a possible vote on Thursday in the Senate. “We’re debating DISCLOSE Act tomorrow w/ vote Thursday,” he tweeted to followers just an hour ago.
Despite rumors that it might be stripped down to its essential elements mandating donor disclosure on campaign spending, it looks as if the bill will be identical to the one that was introduced by Sen. Charles Schumer (D-N.Y.) in late July and failed to overcome a Republican filibuster. If you’re hoping to get the bill passed, and you’re hoping that either GOP Sen. Olympia Snowe or Susan Collins of Maine might sign on, this fact is not a particularly encouraging one.
“I’m reading a little bit into this but I suspect had Snowe or Collins agreed to vote on a stripped down version, it would have been a stripped down version that’s being introduced,” notes Craig Holman at Public Citizen, a citizen advocacy group that has argued on behalf of the DISCLOSE Act. “I’m worried they’re just going to force a vote and see if they can sway a Republican in the process or maybe just embarrass Republicans for voting against disclosure again.”
Despite this dose of pessimism, there’s still plenty of time for last minute negotiations and revisions, and sources confirm that Schumer’s office has been maintaining an open line of communication with the offices of Snowe and Collins. This one might come down to the wire yet again.
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School of Hock
A growing number of college grads are defaulting on their student loans as the economy worsens.