Filibuster Compromise Sets the Stage for 2008 Elections

This is a partial transcript of "Special Report With Brit Hume," May 25, 2005, that has been edited for clarity.

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SEN. JOHN MCCAIN (R), ARIZONA: We have reached an agreement to try to avert a crisis in the United States Senate and pull the institution back from a precipice that would have had, in the view of all 14 of us, lasting impact, damaging impact on the institution.