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Reid Schedules Another Vote on Financial Reform

Senate Majority Leader Harry Reid (D-Nev.) has scheduled a cloture vote on financial regulatory reform for 4:30 p.m. Tuesday, but there is no indication that the outcome will be any different than what occurred on Monday.

The first vote, held early Monday evening, failed, with Republicans and Sen. Ben Ben Nelson (D-Neb.) denying Reid the votes he needed to call up the bill.

All Republicans voted against the cloture motion except for Sens. Bob Bennett (Utah) and Kit Bond (Mo.), who did not vote. Nelson was the only Democrat to vote with the Republicans other than Reid, who voted “no” in order to be able to reintroduce the cloture motion.

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