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This may be the single biggest lie in modern American history: "Most Republicans want a bill," said Sen. Richard Shelby, "but they want a substantive bill." We've criticized the Democrats plenty of times on the issue of financial reform, and the Dodd bill isn't perfect. But this wasn't a yea-or-nay vote about a bill. It was a vote to decide whether Senators would even be permitted to debate the bill. That difference means everything.

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