White House Worries McCain Will Vote 'No' on $700 Billion Wall Street Bailout
There are deep concerns in the Senate and in the White House that GOP presidential candidate John McCain, eager to break from President Bush, will vote against the $700 billion Wall Street bailout in a bid to show his maverick status. Senate leadership aides tell me that it's a "very real concern," though in the end they expect him to come on board and follow the directions of the Senate Republican bosses. "We don't want to vote for this thing and then McCain comes in and votes no, leaving us holding the bag," said a Republican aide. It's of such concern that now even Democrats like Senate Majority Leader Harry Reid are pushing McCain to spell out his plans. The reason: Without solid GOP support, the plan will fail, and many Republicans are looking to McCain to signal how they should vote. "We're going to keep hammering McCain on where he stands," said a very senior Democratic leadership aide. He's not the only one calling for McCain to speak up: Former House Speaker Newt Gingrich wants McCain to say "No" to Bush.
Tags: Senate | White House | John McCain | Wall Street | Bush administration | government intervention
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Reader Comments
Vote NO on Bailout
If you really think sending you money to those fat cats on Wall Street will do anything -- then please-- open you check book and send them some money.
But don't let the government forc the HAVE-NOTs to bail out the HAVES.
This is like giving ALCOHOL to and ALCOHOLIC.
NINJAGATE is a sham. Any company dumb enough to by NINJA loans (No Income No Job No Assets) deserves to fail-- good riddance. A hundred little banks will spring up from the ashes of the big dead one.
Pay the money back? Ha ha ha-- sure mr. alcoholic bank I believe you will pay me back after to take my money and go buy more alcohol with it.
Please-- bailout is a sham.
Whoever heard of anyone RUSHING to spend 700billion without even reading the bill?
If MCCAIN or OBAMMA BACK-STAB America by voting YES on this free-for-all then neither of them will get my vote.
What a bunch of baloney. I am ashamed at Bush for trying to create fear in the market. He's downright guilty of causing the whole mess himself.
Truth is, the markets are doing fine-- and lord knows that there is plenty of private equity out there.
I can't believe everyone is out there praying for inflation. I can just see Bush sitting in front of his computer yelling at his computer screen becasue his ScottTrade options are going the wrong way...
"You people better pay off my rich friends or I'm gonna start another war!"
Bailing out the billionaires is the biggest joke ever.
McCains vote on bailout bill
I am a registered republican if McCain votes for this bailout for wall st. I am going to sit out this election. voting for the bill is unamerican and I cant vote for any one who votes this way!
Mccain is old
Palin is dumb.
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