Lawmakers hit impasse on small business bill

Reid said Democrats agreed to consider three Republican amendments -- one by Sen. Orrin HatchOrrin HatchA guide to the committees: Senate 7 key players in the GOP's border tax fight Public lands dispute costs Utah a major trade show MORE (Utah) one-year extension on research and development tax credits, a second by Sen. Chuck GrassleyChuck GrassleyGOP senator grilled over DeVos vote during town hall Big Pharma must address high drug prices ­ObamaCare fix hinges on Medicaid clash in Senate MORE (Iowa) on the biodiesel tax credit and a third by Sen. Mike JohannsMike JohannsTo buy a Swiss company, ChemChina must pass through Washington Republican senator vows to block nominees over ObamaCare co-ops Revisiting insurance regulatory reform in a post-crisis world MORE (Neb.) to nix a provision requiring any taxpayer with business income to issue 1099 forms to all vendors from whom they buy more than $600 of goods or services in any year.

Senate Minority Leader Mitch McConnellMitch McConnellSanders: 'If you don't have the guts to face your constituents,' you shouldn't be in Congress McConnell: Trump's speech should be 'tweet free' Protesters crash McConnell's speech MORE (R-Ky.) also offered another amendment by Hatch to refer the bill to committee to prevent tax hikes, a Sen. Jeff SessionsJeff SessionsCaitlyn Jenner to Trump: You can still fix this 'disaster' FBI rejected WH request to deny contacts between Trump advisers and Russia: report Trump admin rescinds plan to reduce private prison use MORE (R-Ala.) on spending caps, a Sen. Kay Bailey Hutchison (R-Texas) on nuclear loan guarantees, a Sen. John McCainJohn McCainWhy the GOP cannot sweep its Milo scandal under the rug New York Knicks owner gave 0K to pro-Trump group Hannity apologizes for sharing 'inaccurate' story about McCain MORE (R-Ariz.) on border security and a Sen. Jon Kyl (R-Ariz) amendment on the estate tax. 

"Those amendments have nothing to do with the bill," Reid said. "Let's be serious, this is an effort to stall and not do this bill." 

Senate Republicans requested four GOP amendments and four Democratic side-by-side amendments but the request was denied, according to a senior Republican aide. 

Reid said Democrats were planning to offer amendments on Medicaid funding to states, paying for a $3.4 billion settlement in an Indian trust case that has been ongoing in a Washington court for more than 10 years, education funding for teachers, the larger tax extenders bill that hasn't been able to pass the Senate and a side-by-side to the Johanns amendment. 

"Both sides are piling on here," McConnell said. 

While the bill had broad bipartisan support it now has "substantial opposition" and "we have to figure out how to get the bill passed in a form agreeable to the Senate," McConnell said. 

Senate Small Business Chairman Mary LandrieuMary LandrieuFive unanswered questions after Trump's upset victory Pavlich: O’Keefe a true journalist Trump’s implosion could cost GOP in Louisiana Senate race MORE (D-La.) said passage of an amendment to add a $30 lending fund to the bill showed there is enough support for the measure. 

"We got 60 votes so, like, we won," said. 

Both sides agreed to continue talks on the bill in an effort to reach an agreement before the Senate leaves at the end of next week for the August recess.