Senate Majority Leader Harry Reid, D-NV., has postponed a cloture vote on his debt plan, originally expected to happen at 1 a.m. Sunday and moved the vote to 1 p.m. on Sunday.
“There are many elements to be finalized. Many elements to be finalized. There is still a distance to go before any arrangement can be completed. But I believe we should give everyone as much room as possible to do their work,” he said.
Reid said he spoke to the White House a few times this weekend and they asked him to give as much time as possible to reach an agreement.
The vote will be held at 1 p.m. tomorrow, and the Senate will be in session at noon.
“I’m glad to see this move toward cooperation and compromise. I hope it bears fruit,” Reid added.
Reid says he appreciates everyone patient though “one of the most difficult times we find in the history of our country.”
The Senate has adjourned for the night now.
Reid spoke on the senate floor at 10:10 p.m.