Sen. Charles Schumer (D-N.Y.) called on Speaker of the House John Boehner (R-Ohio) on Tuesday to take up the Chinese currency bill if it clears the Senate as expected later this week.
Reid used a procedural maneuver to keep McConnell from bringing Obama's jobs proposal to the floor for a vote.
Sen. Scott Brown (R-Mass.) on Tuesday called on Senate leadership to bring President Obama’s jobs bill down to the floor, and suggested he is open to voting for a heavily amended version of the legislation.
Senate Minority Leader Mitch McConnell (R-Ky.) said President Obama’s hallmark $787 billion stimulus bill has become a “national punch line.”
Senate Minority Leader Mitch McConnell (D-Ky.) charged the White House from the Senate floor on Tuesday of engineering partisan strife in Congress in order to reap political gain.
“The political operators over at the White House seem to believe that they benefit from the appearance of gridlock,” said McConnell. “They’re over there telling any reporter who will listen that they plan to run against Congress next year. … So that’s their explicit strategy — to make people believe that Congress can’t get anything done.”
The Senate is set to begin a week of debate on the China currency bill after the body voted to bring it to the floor by 79-19 on Monday evening.
Despite harsh criticism from some in the GOP, who argued there are more pressing issues the upper chamber should consider, Senate Majority Leader Harry Reid (D-Nev.) said the legislation, which he argues would create jobs, will probably dominate the Senate’s attention until at least the end of the week.
The legislation is intended to pressure China to stop undervaluing its currency, which gives its exports a trade advantage.
Assistant Senate Majority Leader Dick Durbin (D-Ill.) struck back at Bank of America on Monday for implementing a new $5 monthly debit card fee, in what the bank said was a response to legislation created by Durbin that limits the price banks can charge for swipe fees.
“Bank of America customers, vote with your feet,” said Durbin on the Senate floor, his voice rising. “Get the heck out of that bank. Find yourself a bank or a credit union that won’t gouge you with $5 a month and will still give you a debit card you can use every single day.”
Senate Majority Leader Harry Reid (D-Nev.) on Monday defended his decision to dedicate the first week of this work session to the China currency bill as a way to create jobs and stimulate the economy.
“My colleagues – both Democrats and Republicans – agree that China’s deliberate actions to devalue its currency give its goods an unfair competitive advantage in the marketplace,” Reid said. “That hurts our economy and it costs American jobs.”
Sen. John McCain (R-Ariz.) on Monday afternoon criticized Senate Majority Leader Harry Reid (D-Nev.) for blocking out the week for a bill to deal with China’s currency manipulation — which is expected to go nowhere in the House — rather than take up more pressing matters like creating a U.S. budget.