Senate Majority Leader Harry ReidHarry ReidDraft House bill ignites new Yucca Mountain fight Week ahead: House to revive Yucca Mountain fight Warren builds her brand with 2020 down the road MORE (D-Nev.) said Thursday he’s ready to compromise on spending after a GOP spending-cut bill won more votes in the Senate than the Democratic alternative.
“We accept the lessons of yesterday's vote,” Reid said in floor comments. “We know we’ll have to make a sacrifice to reach consensus, and we are willing to do that.”
The GOP measure, which would cut spending this year by $57 billion, lost by a vote of 44-56, while the Democratic bill to cut $6.5 billion was rejected, 42-58.
Reid also noted the looming March 18 deadline, when the stopgap that is currently funding the government will expire. If Congress does not approve a new funding measure, there would be a government shutdown.
“It's time to get down to business,” said Reid. “My Republican colleagues set the deadline, and the responsibility of meeting it is as much yours as mine.
“It’s time for all political posturing to end,” added Reid.
Minority Leader Mitch McConnellMitch McConnellLawmakers push one-week stopgap funding bill Overnight Finance: Inside Trump's tax plan | White House mulls order pulling out of NAFTA | New fight over Dodd-Frank begins Dem rep: Trump's tax plan as believable as 'magic, unicorns or Batman' MORE (R-Ky.) also spoke on the Senate floor Thursday morning but focused his remarks on a criticism of the administration’s energy policies.