Reid said he hopes he and Senate Minority Leader Mitch McConnell Addison (Mitch) Mitchell McConnellTrump, GOP aim to complete reshaping of federal judiciary Supreme Court fight should drive Democrats and help Biden Harris on SCOTUS fight: Ginsburg's legacy 'at stake' MORE (R-Ky.) can agree to proceed to the bill Thursday; if not, a vote to proceed to the bill will take place Friday morning.

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Reid said he has ideas on how to better the bill, too.

“In my view, it’s not strong enough,” Reid said. “But it’s a tremendous move forward.”

Reid said he wants committees to start working on a list of amendments because the issue is critical to national security.

“Unless we do something, it’s not a question of if, it’s a question of when,” Reid said of the chances of a cyberattack.

Republicans have recently criticized Reid for not being more open during the amendment process.

The Cybersecurity Act aims to protect American from cyberattacks against the Web, electrical grid, banking systems, military operations, transportation networks and others.

S. 3414 was introduced by Sen. Joe Lieberman (I-Conn.) and is co-sponsored by Sens. Susan Collins Susan Margaret CollinsTrump's Teflon problem: Nothing sticks, including the 'wins' Durbin: Democrats can 'slow' Supreme Court confirmation 'perhaps a matter of hours, maybe days at most' Senate GOP set to vote on Trump's Supreme Court pick before election MORE (R-Maine), Tom Carper Thomas (Tom) Richard CarperEnergy innovation bill can deliver jobs and climate progress The conservative case for phasing out hydrofluorocarbons Democrat asks for probe of EPA's use of politically appointed lawyers MORE (D-Del.), Dianne Feinstein Dianne Emiel FeinsteinThe Hill's Morning Report - Sponsored by JobsOhio - Trump's tax return bombshell Hawley warns Schumer to steer clear of Catholic-based criticisms of Barrett Senate GOP set to vote on Trump's Supreme Court pick before election MORE (D-Calif.), Jay Rockefeller John (Jay) Davison RockefellerBottom Line World Health Day: It's time to fight preventable disease Lobbying World MORE (D-W.Va.) and Sheldon Whitehouse Sheldon WhitehouseTrump, GOP aim to complete reshaping of federal judiciary Supreme Court fight pushes Senate toward brink The Hill's Morning Report - Sponsored by Facebook - Trump previews SCOTUS nominee as 'totally brilliant' MORE (D-R.I.).

“We must act and we must act now,” Collins said Wednesday. “We can’t afford to wait for a cyber 9/11 before taking action on this legislation.”

Lawmakers have been meeting this week to find common ground. Sen. John McCain John Sidney McCainCindy McCain joins board of Biden's presidential transition team Meet the first woman to run for president Jill Biden shuts down Jake Tapper's question about husband's 'occasional gaffe' MORE (R-Ariz.) has introduced a competing bill, the Secure It Act.

When originally proposed, S. 3414 received pushback from industry groups and some lawmakers concerned about Internet privacy. But Collins said many changes have been made to the bill.

“We have revised our bill in a very substantial way,” Collins said, citing that many of the standards related to the private sector are now optional. “This shows a willingness to adopt changes and we’re still open to changes.”