Smith aye, Wyden nay on bailout package
By Britten Chase, PolitickerOR.com ReporterU.S. Sen. Ron Wyden voted against a $700 billion bailout package for troubled financial institutions Wednesday.
That split Oregon’s vote, with U.S. Sen. Gordon Smith voting for the legislation.
According to CNN, the bill will call for slightly more than the $700 billion of taxpayer money originally suggested to rescue failing Wall Street firms, but it will also include more provisions that make sure taxpayers get their money back.
The bill passed the Senate 74-25. It will be decided on in the House of Representatives by the end of the week.
EARLIER on PolitickerOR.com: Smith supports bailout bill, lashes out at Merkley campaign tactics
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Syndicate
million?
And by "million", you mean "billion", right?
The question is: Will you edit or correct this post? Methinks not, based on past evidence.
vote
You now have my vote thanks for voteing no. good luck
Main Street Is Invisible Again
Nobody is rushing to bailout Main Street which has been bleeding for quite awhile with higher gas prices, higher food prices and massive job losses.
For one amazing day, Main Street was listened to when the House voted the bill to save the Wall Street elite, down. Now it's back to business as usual.
The Senate says that the $700 billion bailout was too much so the solution was to make it even bigger. Then people like Smith voted for it. Okay.....
Thank you, Ron Wyden.
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