Capital Commerce

Bailout: GOP Votes 'Hell No!'

By James Pethokoukis

Posted: September 29, 2008

I am not sure what Plan B is now. (All day, my Capitol Hill sources were very gloomy.) And I am not really sure what bill could get House Republicans on board. Even though Newt Gingrich now says he would vote for the bill, his antibailout rhetoric has taken root on the right. I think most likely is another vote after some arm-twisting. The worse the market does, the better it will be for the bailout's eventual passage.

Wake Up America

The problem is perfectly clear Bush's deficit spending is destroying this country.

While there is a huge financial crisis on Wall Street what does Congress and Bush do? Now don't forget we are the verge of destruction and the world will end if Bush doesn't get his way Mr. Doomsayer.

They pass a federal spending bill to the total tune of $630 Billion dollars and now they want to pass another $1.3 Trillion bailout to send to Wall Street!

Just think yesterday we saved $1.3 Trillion and the week before they spent $630 Billion we don't have and nobody is talking about it.

Why is that? Why aren't we talking about all the deficit spending and the foreign borrowing that this administration is doing? That is the real cause of our problems and until we realize it, it will only get worst.

Raymond of NV @ Sep 30, 2008 11:16:24 AM

Your title is bogus

The Democrat majority could have passed this if they chose. 95 Democrats said NO!

GOP simply represented that American constituents did not like being blackmailed. If this was the essential legislation needed why did the Dem leadership put ACORN kickbacks and many other pork items into their bill.

Obviously something is necessary to REFORM Washington.

SusanG of OR @ Sep 29, 2008 20:02:06 PM

failed vote

Should run Pelose out of town. Not sure what is wrong with that woman. Need a better leader, now.

Marian of WA @ Sep 29, 2008 19:18:40 PM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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