Senators vow to push ahead on cybersecurity, even without compromise

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"I'm for taking it to the floor and taking it to the American people, and you have to decide, do you want to protect the people or you're making the perfect the enemy of the good," Mikulski said.

Collins emphasized that the bill's supporters are still meeting with critics, led by Sens. John McCainJohn Sidney McCainThe Biden-Harris train wreck may have its savior: 2024 GOP nominee Donald Trump Kelly raises million in third quarter Legislative limbo — how low can they go? MORE (R-Ariz.) and Kay Bailey Hutchison (R-Texas), who have put forward their own proposal, the SECURE IT Act.

"I think the differences are narrowing, but there's no doubt that there still some pretty significant disagreements," said Collins, who has co-sponsored the Cybersecurity Act, along with Sens. Joe Lieberman (D-Conn.), Jay RockefellerJohn (Jay) Davison RockefellerHumorless politics a sad sign of our times Bottom Line World Health Day: It's time to fight preventable disease MORE (D-W.Va.) and Dianne FeinsteinDianne Emiel FeinsteinJane Fonda to push for end to offshore oil drilling in California Overnight Health Care — Presented by The National Council on Mental Wellbeing — Merck asks FDA to authorize five-day COVID-19 treatment Bannon's subpoena snub sets up big decision for Biden DOJ MORE (D-Calif.).

"I just think it's irresponsible if we do not pass a bill," Collins said.

The White House and Senate Majority Leader Harry ReidHarry Mason ReidDemocrats brace for tough election year in Nevada The Memo: Biden's horizon is clouded by doubt Fight over Biden agenda looms large over Virginia governor's race MORE (D-Nev.) are also pushing for the legislation, but some GOP senators are worried the legislation will impose unnecessary burdens on businesses.

The supporters of the bill watered down the regulatory provisions last week, replacing government cybersecurity mandates with incentives to meet voluntary standards, but that does not appear to have been enough to appease all of the critics.

Both Lieberman and Collins said they believe there is still time to reach a deal. But with the Senate set to break for the August recess after this week, supporters will have to work fast to secure the 60 votes they need to approve the bill.

—Jennifer Martinez contributed.