Senate Democrats

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Reid Remarks On The Economic Effects Of Default

“Business leaders are begging us to do the right thing, and do it quickly. In addition to America’s reputation in the world, the bedrock of the global economy is at stake.”  “Republicans have already done enough harm to our economy with their reckless shutdown designed to undermine the law of the land, Obamacare. But the…

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Reid: Senate Bipartisan Compromise Puts The Nation On Track To Fiscal Stability

Washington, D.C. – Nevada Senator Harry Reid issued the following statement today after the Senate approved by a solid bipartisan margin, and sent to the President, the Budget Control Act of 2011. The bill raises the debt ceiling, protects the full faith and credit of the United States, and reduces the budget deficit: “This lengthy…

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Reid: Compromise Is The Only Path Forward

Those Who Have Said They Will Never Compromise on Any Terms Should Think About Who Their Stubbornness Will Hurt Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding what is at stake with a default. Below are his remarks as prepared for delivery: As the clock ticks…

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Reid: Our Message To The World Is That This Congress Is Moving Forward, And We Are Moving Forward Together

Washington, D.C. – Nevada Senator Harry Reid made the following statement on the Senate floor this evening about a bipartisan agreement to cut the deficit and raise the debt ceiling: For the last few weeks Congress has been locked in partisan gridlock. Today, I am relieved to say that leaders from both parties have come…

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Reid: Republicans Must Work With Democrats On The Only Option Left To Avert Default, Save Our Economy

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding the only viable debt ceiling compromise to avert a default. Below are his remarks as prepared for delivery: Republicans leaders in the House of Representatives wasted this week pursuing a right-wing proposal they knew from the start could…

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Reid: Republican Filibuster Standing In The Way Of A Solution

Washington, D.C. – Nevada Senator Harry Reid made the following statement today after Republicans filibustered a bipartisan solution to cut the deficit and avoid default: “We are seeing something we have seen far too many times in the Senate: another filibuster. But this is the worst possible time to hold a filibuster. Our economy hangs…

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It’s Now Or Never, Leader McConnell

Washington Post: ‘What Will Mitch McConnell Do?’ WaPo: MCCONNELL HAS BEEN HOLDING OUT FOR THE BOEHNER BILL “McConnell, to date, has deferred to the House Republican majority to pass a bill — issuing a series of strong statements expressing support for the Boehner legislation.  And, according to aides familiar with McConnell’s thinking, he remains committed…

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Reid: Senate Will Act To Avert Default, Keep The Economy Alive

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding a path forward to avert a default crisis. Below are his remarks as prepared for delivery: Although the House of Representatives has not yet voted on Speaker Boehner’s plan, that plan is flawed. That is why they have…

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Reid: Senate Will Vote Down House Short-Term Bill Tonight

Washington, D.C. – Nevada Senator Harry Reid made the following statement: “Today the House of Representatives will vote on Speaker Boehner’s short-term plan to raise the debt ceiling. As soon as the House completes its vote, the Senate will move to take up that bill, and it will be defeated tonight. No Democrat will vote…

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In New Video, Market Experts Agree: Boehner’s Short-Term Debt Patch Could Lead To Credit Downgrade And Economic Devastation

S&P’s David Beers: “We would be concerned if we thought that the debt ceiling debate would come back and be opened and we’d have to go through all this again and again and again.” VIEW THE VIDEO CLIP HERE:   WASHINGTON, D.C. – Senate Democrats today released a new video that makes it clear: the…

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