By Gautham Nagesh - 01/20/12 06:20 PM EST
“I understand and respect Majority Leader [Harry] Reid’s [D-Nev.] decision to seek consent to vitiate cloture on the motion to proceed to the Protect IP Act," said Senate Judiciary chairman Patrick Leahy (D-Vt.).
"But the day will come when the senators who forced this move will look back and realize they made a knee-jerk reaction to a monumental problem."
Privacy advocates and tech industry groups cheered the announcement, which was the culmination of a weeks-long campaign waged against the bill online.
"Sen. Reid made the right decision in postponing next week's vote on PIPA. It's time for a hard reset on this issue. We need a thoughtful and substantive process that includes all Internet stakeholders," Center for Democracy and Technology president Leslie Harris said.
“Those who value and appreciate the Internet can breathe a little easier today," Computer and Communications Industry Association president Ed Black said. “Millions of Internet users let it be known that their rights and use of the Internet should not be easily tampered with, and Congress has wisely signaled it has heard their concerns.