The Senate on Monday rejected a Democratic effort to move forward with campaign finance legislation.

In a 51-44 vote that fell along party lines, the Senate blocked the DISCLOSE Act, the Democrats’ most recent attempt to answer the U.S. Supreme Court’s Citizens United decision with legislation. Sixty votes were necessary for the bill to move forward.

The bill would require companies, unions and other entities to report campaign spending of more than $10,000.

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Immediately after the vote, Senate Majority Leader Harry ReidHarry Mason ReidThe Hill's Morning Report — Pelosi makes it official: Trump will be impeached Doctors are dying by suicide every day and we are not talking about it Impeachment trial throws curveball into 2020 race MORE (D-Nev.) filed a motion to reconsider the vote — something Democrats are hoping will happen Tuesday.

Democrats were expected to continue the debate into the evening to call attention to the issue. They are describing a series of speeches set to go into Tuesday morning as a “midnight vigil.”

“We recognize that you don’t win every fight in round one, and this is a fight worth continuing,” the Senate bill’s lead sponsor, Sen. Sheldon WhitehouseSheldon WhitehouseOvernight Energy: Pelosi vows bold action to counter 'existential' climate threat | Trump jokes new light bulbs don't make him look as good | 'Forever chemicals' measure pulled from defense bill Pelosi warns of 'existential' climate threat, vows bold action Republicans raise concerns over Trump pardoning service members MORE (D-R.I.), said Monday in a statement. “Putting an end to secret election spending by special interests is an essential step in protecting middle class priorities. For that reason, we are committed to continuing the debate on the DISCLOSE Act late into the night and asking for a second vote tomorrow if need be.”

Republicans accused Democrats of setting up a vote they knew would fail in order to score political points against the GOP. They also criticized Democrats for not taking action on the Bush tax rates, which are set to expire at the end of the year. Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOvernight Energy: Pelosi vows bold action to counter 'existential' climate threat | Trump jokes new light bulbs don't make him look as good | 'Forever chemicals' measure pulled from defense bill Overnight Health Care — Presented by Johnson & Johnson – House progressives may try to block vote on Pelosi drug bill | McConnell, Grassley at odds over Trump-backed drug pricing bill | Lawmakers close to deal on surprise medical bills GOP senators request interview with former DNC contractor to probe possible Ukraine ties MORE (R-Ky.) argued a tax increase would hurt the economy at a time of high unemployment.

“For 40 straight months of unemployment above 8 percent … and our friends in the majority want us to pass this bill that everyone from the ACLU to the NRA is opposed to,” McConnell said seconds before the campaign finance vote. “This is an ultimate waste of Senate time.”

Senate Majority Leader Harry Reid (D-Nev.) countered: “We know the Republicans don't like disclosure. You can find that from the person they're going to nominate for the President of the United States,” a reference to Mitt Romney not releasing more of his tax returns.

Democrats argued it is necessary to limit the amounts corporations and individuals can give for political messaging. Without restrictions, they argue the rich and corporations will have too powerful a voice.

“I believe that the amount of money in American politics today is stealing America's democracy,” Sen. John KerryJohn Forbes KerryKrystal Ball: New Biden ad is everything that's wrong with Democrats The Hill's Campaign Report: Democrats worry about diversity on next debate stage Krystal Ball: Biden's new ad is everything that's wrong with Democrats MORE (D-Mass.) said. "It is robbing Americans of the right to have the kind of representation and the kind of discussion that Americans deserve."

The Senate failed to advance a similar bill in 2010, which would have required reporting after $600 in campaign spending.