Senate fails to advance campaign finance bill

27 Jul 2010 // The Senate failed to advance a campaign finance bill Tuesday, dealing a blow to Democrats who were trying to pass a key piece of their agenda before the August recess.

The legislation, called the Disclose Act, would require corporations to make detailed public reports on political spending. It failed on a 57-41 vote that went along party lines. Senate Majority Leader Harry Reid (D-Nev.) voted against the motion, a procedural move to allow another vote to occur in the future.