Senate Republicans stood against Democrats Thursday by voting against a motion to limit debate on a substitute amendment to the small business bill. Republicans complained that they were not given a fair chance to get votes on five amendments - including one on the estate tax.
Still - Minority Leader Mitch McConnell says we’re getting closer. He predicted a chance of significant progress very soon. But Majority Leader Harry Reid remains frustrated. Reid accused the Republicans of not wanting an agreement. Democrats and President Obama continue to urge the Senate to act quickly.
The measure pending before the Senate would create a 30-billion dollar small business lending fund, extend 12-billion in tax breaks and enhance federal programs designed to help small businesses.