Word: reided
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...Although they have presided over the largest expansion of U.S. government since the Johnson Administration, the GOP has apparently reached its line in the sand when it comes to economic bailouts. Senate majority leader Harry Reid introduced legislation on Monday that asked for $25 billion of the $700 billion bailout fund Congress approved in September to be redirected for use by General Motors, Ford and Chrysler in the hopes of helping the faltering industry avoid going under. Republicans immediately balked at the idea...
...Reid is in a particularly tough spot, and he knows the chances of his bill passing are slim to none. Though the Dems will hold at least 57 seats in the next Congress (Alaska, Minnesota and Georgia are still undecided), the Nevada Senator currently doesn't enjoy much of an edge at all. In fact, since Obama resigned his seat on Sunday and Delaware Senator Joe Biden, the Vice President-elect, is unlikely to come to the Hill for votes, reaching the filibuster-proof 60-vote barrier is tougher than ever...
...That idea, however, is not very popular with the Republicans' counterparts on Capitol Hill. "Both Speaker [Nancy] Pelosi and Reid have raised concerns about that," says Jim Manley, a senior adviser to Reid. "It robs the industry's future to pay for the present. We shouldn't have to choose." And unfortunately for Detroit, automakers would need congressional approval to access those funds on an emergency basis...
...part, Lieberman was vague about his next move. "Senator Reid and I have just completed what I would describe as a good conversation between two colleagues and friends," he told reporters. "I want to spend some time in the next few days thinking about what Senator Reid and I have discussed and what my options are at this point." He went on to say that "the people of Connecticut were good enough to re-elect me to the United States Senate in 2006 as an independent. And so I have tried since then to view the decisions I make...
...very least, experts and Democratic Senate staffers say, Lieberman is likely to lose his current role in the Homeland Security and Oversight Committee. "Reid will be under pressure to strip Lieberman's chairmanship from him," says Stephen Wayne, a political-science professor at Georgetown University. "If he votes to organize with the Dems, they will allow him to choose a committee assignment, but not chair...