In order for the measure to advance in the Senate, it has to collect 60 votes. Democrats who support the bill, currently hold a 50 to 49 majority in the Senate. On Wednesday's vote, the House passed the $14 billion loan package relatively easy with 237 votes to 170. The measure was supported by 205 Democrats and 32 Republicans who came from States depending on the auto industry while 150 Republicans and 20 Democrats voted against it.
"Even if we grant these companies would fail without taxpayer help, we would still have to ask ourselves whether the proposals before us achieve the goal that everyone claims to embrace, namely the long-term viability of ailing car companies," McConnell said. "In my view, it does not."
"The best route for long term viability for auto companies may be a rocky one," he added referring to a o bankruptcy solution. "Government help is not the only option. It may not be the best option."