[Congressional Record (Bound Edition), Volume 155 (2009), Part 19]
[Senate]
[Pages 25660-25661]
[From the U.S. Government Publishing Office, www.gpo.gov]




                  MEASURE READ THE FIRST TIME--S. 1927

  Mr. SPECTER. Madam President, I understand that S. 1927, introduced 
earlier today by Senator Dodd, is at the desk, and I ask for its first 
reading.
  The PRESIDING OFFICER. The clerk will report the bill by title for 
the first time.
  The bill clerk read as follows:

       A bill (S. 1927) to establish a moratorium on credit card 
     interest rate increases, and for other purposes.

  Mr. SPECTER. I now ask for its second reading and object to my own 
request.
  The PRESIDING OFFICER. Objection having been heard, the bill will 
receive its second reading on the next legislative day.
  Mr. SPECTER. Madam President, for anybody watching C-SPAN2--if 
anybody is watching--a word of explanation might be somewhat helpful. 
This is a procedure to set this particular resolution, S. Res. 1927, in 
procedural posture so that when I, as the

[[Page 25661]]

leader, ask for its second reading, and then say ``I object to my own 
request,'' it is procedural, not a reversal of position.

                          ____________________