Welcome to Cato Daily Podcast

Wednesday, June 13th.

This is your host Anastieji Glova.

The much anticipated much reviled immigration bill fell apart in the Senate after failing

by 15 votes, disappointing both the President, who has made immigration reform his top priority, Senate Majority Leader Harry Reed who strongly supported the compromise.

But what now? That's for Cato's Director of Trade Policy Studies Dan Griswold to answer.

Senator Reed has said that he'll bring the immigration bill back to the floor if he can get a compromise.

What does Reed need to bring this bill back?

Well, the Senate Majority Leader has said that needs to have more Republican support.

You know, this bill seemed to die a week or two ago, and I was one of those that thought

it was as good as gone, but the President, his Cabinet cabinet and Republicans like Senator John Kyle who has

worked closely to make this compromise work say that it's quite possible that it could

be brought back in the next couple of weeks and And as you know, President Bush made a rare appearance

on the hill this week to make the case for immigration reform.

So I think there is a chance that it could come back.

What Senator Reed has said is that it has to have more Republican support this time around.

Maybe not a majority of Republicans, but more so.

It lost on a procedural vote where there were only a handful of Republicans who voted to keep the debate going.

So I do think there are the ingredients there for compromise.

The essential elements are in this bill, the president and others, I think, have made

the case that we need to move ahead with comprehensive immigration

reform that recognizes the needs of our economy. We really need to get it done this

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