Senate Leaders Confident Action Will be Taken on Financial Rescue Package

At least so far, there has been a markedly less partisan tone among Senate members when discussing the financial rescue package (HR 3997) and its prospects of being passed.  Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) continued those positive comments today, with the Minority Leader specifically saying he was confident in passage this week.

The New York Times reports:

Senators Harry Reid of Nevada, the Democratic majority leader, and Mitch McConnell of Kentucky, the Republican minority leader, echoed the president’s determination on Tuesday.

“We are committed to keeping the progress on this rescue package moving forward,” Mr. Reid said. “In the coming days, I will continue doing everything possible to see that this dire and avoidable financial crisis has the best possible outcome.”

Mr. McConnell also predicted that Congress would pass rescue legislation. “We will get the job done,” he said. “We will get it done this week. Hopefully, that will reassure the American people that Congress can rise to the occasion, act like grown-ups, if you will, and get the job done for all of our people.”

(credit image: AP)


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