ABC News' Sunlen Miller (@SunlenMiller) reports:
Taking to the Senate floor with a bit of a bruised ego this morning, Senate Majority Leader Harry Reid, D-Nev., said that he wishes both President Obama and Speaker of the House John Boehner well as they proceed to negotiate a potential debt deal.
“There are talks going on between President Obama and Speaker Boehner, I wish them well,” Reid said, “We await their efforts.”
The White House and House Republicans are in discussions on a debt ceiling deal that would include up to $3 trillion in federal spending cuts and a joint commitment to increase tax revenues through tax reform to take place over the next year.
Coming after he faced an angry Democratic caucus yesterday as word of the deal swirled though Capitol Hill, Reid who was caught somewhat flat-footed by the news of the deal, pleaded that as the negotiations go forward that they must be fair.
“I say to both the president and to the speaker here on the Senate floor, representing my Democrats, and I’m confident many Republicans, be very careful. Show a lot of caution as this negotiation goes forward because any arrangement must be fair to all America, not just the wealthy.”
At 10 this morning senators will take a “motion to table” vote on the Cut, Cap and Balance Act, moved one day earlier by the Majority Leader.
“This is an effort to move this piece of legislation off the floor,” Reid said of his procedural move yesterday in order to move up and kill the Act. “It's interfering with the negotiations between the White House and the House of Representatives, and it is without merit, this legislation.”
On Tuesday the House of Representatives passed the Act, and today Reid said the message to the House Republicans is that this legislation will soon be “gone.”
The Act will not pass – and Reid gave a stern warning to senators as they cast their votes.
“We on this side of the aisle are going to look at every vote cast,” said Reid. “This is a very, very bad piece of legislation. Anyone voting for it, I think will have to respond in many different ways to the people of their state.”