Senate Dems say they have the votes to end Wall Street debate

Senate Democrats have the votes necessary to cut off debate Thursday on a sprawling Wall Street overhaul package, a leadership aide said.

The Senate is set to vote at 2:30 p.m. on a cloture motion to end debate on the measure. The Senate voted, 57-42, on Wednesday against ending debate. The motion requires 60 votes to pass.

With an end to debate, the Senate can move to a final vote on the measure in the next few days.

On Wednesday, Democratic Sens. Russ Feingold (Wis.) and Maria Cantwell (Wash.) voted against ending debate and urged consideration of additional amendments to the bill. Maine Republican Sens. Olympia Snowe and Susan Collins voted to end debate. 

Sen. Arlen Specter (D-Pa.) was absent Wednesday, and Senate Majority Leader Harry Reid (D-Nev.) switched his vote at the end in order to quickly call up the motion again.