12 noon vote on Johnson (SD) motion to waive, second vote on cloture possible

Senator Toomey raised a budget point of order {302(a) allocation of new authority and outlays deemed by the budget control act} against S.3637, the FDIC TAG program (transaction account guarantee) extension. Senator Johnson (SD) moved to waive all applicable budget points of order.

At 12:00 noon, the Senate will proceed to vote on the Johnson (SD) motion to waive all applicable budget points of order. Under the previous order, if the point of order is waived (60-affirmative vote threshold) there would be an immediate vote on the motion to invoke cloture on the bill. If 60 votes on the motion to waive is not achieved, there cloture motion would be vitiated.