I am currently watching C-Span and Harry Reid just said he no longer has the votes to pass a spending bill to fund the government for the rest of the fiscal year.
Sorry for the lack of links but I am writing this as it happens live on C-Span.
Reid over the last 24 hours he has lost the support of 9 different republicans on this spending bill!
He said that McConnell and him will work to pass a limited Continuing Resolution (CR). They have to do this fast because the funding runs out SATURDAY at MIDNIGHT. So they have to get going on this now.
This is the same spending bill that the Republicans now are pretending that they no longer support because there is $8billion in earmarks out of more than $1 TRILLION.
This is a major defeat for Obama because he is now going to have to deal with passing another continuing resolution in a couple months which he did not want to do.
Also Mitch McConnell just said that the Republicans really do not object to the substance of the bill but they were concerned about the PROCESS. So once again they are hiding behind process.
This whole thing has really gotten pathetic. But I am sure the media will not cover this as another republican obstruction.
UPDATE: McConnell claims that the GOP is upset with the process not how it was marked up in committee but that it was not brought to the floor sooner. He said Reid has his priorities wrong with trying to do all these other things like DADT, the dream act and START. As if these are not important at all.
UPDATE 2 Reid said he is bringing the Dream Act and DADT to the floor Saturday for a vote