Senate fails to move forward on small-business legislation

The Senate failed to end debate on a small-business measure on Thursday as leaders continue to work out the number of amendments to the bill. 

The vote to end debate fell 58-42, with 60 needed to move forward on the measure. 

Senate Majority Leader Harry Reid (D-Nev.) and Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellSessions: 'We should be like Canada' in how we take in immigrants NSA spying program overcomes key Senate hurdle Overnight Finance: Lawmakers see shutdown odds rising | Trump calls for looser rules for bank loans | Consumer bureau moves to revise payday lending rule | Trump warns China on trade deficit MORE (R-Ky.) continued sparring over how many amendments would be considered to the bill. 

“I think there’s a chance we can make significant progress really soon,” McConnell said on the floor. 

McConnell and Reid are meeting on the bill. 

Republican Sen. George LeMieux (Fla.), who joined Democrats a week ago to push through a $30 billion lending fund to help community banks can lend to small businesses, urged leaders to stick with amendments relevant to the measure. 

McConnell said Republicans want more than three amendments to the measure, but wouldn’t say how many he wanted when questioned by Senate Small Business Chairman Mary LandrieuMary LandrieuProject Veritas at risk of losing fundraising license in New York, AG warns You want to recall John McCain? Good luck, it will be impossible CNN producer on new O'Keefe video: Voters are 'stupid,' Trump is 'crazy' MORE (D-La.). 

"Until we agree on that number it's hard to figure out a path forward," Landrieu said.

--This story was updated at 1 p.m.