I want to discuss with the Democratic Leader an approach that might enable us to move forward to conference on the JOBS bill, S. 1637. The Senate JOBS bill reflects overwhelming bipartisan support, passing by a margin of 92-5. Much work remains to be done on this bill and it is important we start as soon as possible. There are significant differences with the House bill, so this is likely going to be a challenging process. I want to make sure that all Senators know that it is unrealistic to expect that the House will agree with all our provisions and that we will likely have to make changes to S. 1637. But as we make those changes, we should make them together. The JOBS bill we passed was a model of bipartisan cooperation that was marked by good faith on both sides. And that is the essence of the agreement I am proposing--a commitment from both sides that they will work in good faith in the conference to get the best possible result. I have spoken to Senator Grassley and he has agreed that he will not pursue a conclusion to the conference--nor sign any conference report--that would alter the text of S. 1637 in a way that undermines the broad bipartisan consensus S. 1637 achieved on final passage.
Editor's note · Context
Discussing the JOBS bill and the need for bipartisan cooperation in conference negotiations.
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