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Reid Goes with the Achievable, Scaled-Back Jobs Bill

It appears Senate Democrats have wised-up and adjusted their expectations to the reality of Senate, where the "Party of No," the Republicans, wields nearly equal power.

U.S. Senate Majority Leader Harry Reid (D.-Nevada) dispensed with elaborate jobs bill negotiations and trimmed the jobs package to four items for which he knows he can get at least a filibuster-preventing 60 votes: a hiring tax break, an increase in highway spending, an extension of the Build America Bonds program, and tax breaks for small businesses, Bloomberg News reported Friday.

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Last updated: May 27, 2012: 12:02 PM

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