Senate passes Bailout..now off to the house we go
Senate passes Bailout..now off to the house we go
A revised version of the bailout plan for America has passed the senate..now it must go through the house again..lets see what happens..
Senate passes Bailout..now off to the house we go
Yes, I heard that, well whatever your representatives intend to do, I hope they do it fast, you might not have noticed it over there, but its not just Main Street America that is in trouble, the whole financial system seems to be in danger of falling apart all over the world, and there isn't much we can do about it until you do something, so I hope this new plan works better, that they help ordinary people, but mostly that they actually do something.
"We are never so happy, never so unhappy, as we imagine"
Le Rochefoucauld.
"A smack in the face settles all arguments, then you can move on kid."
My dad 1986.
Le Rochefoucauld.
"A smack in the face settles all arguments, then you can move on kid."
My dad 1986.
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Senate passes Bailout..now off to the house we go
http://www.latimes.com/business/investi ... 7485.story
Rep. Steve King (R-Iowa) said the new version of the bill contained a biodiesel tax credit he had championed, but he still planned to vote against the measure again. However, other lawmakers may be swayed, he said.
"I think that they probably put enough sweeteners in it that they will be able to get the votes," King said in an interview.
Rep. Lloyd Doggett (D-Texas) was similarly unpersuaded. "The Senate measure has changed my position from 'No' to 'Heck no,' " he said. "With the Senate amendment, the bailout has gone from bad to worse, $105 billion more in public debt worse."
Some of the changes appeared aimed at enticing specific lawmakers to change their votes from no to yes.
... the bill now includes a provision to boost insurance coverage of mental illness, a priority of Rep. Jim Ramstad (R-Minn.), who voted against the bailout bill Monday. It also includes a tax benefit for bicycle commuting sought by Rep. Earl Blumenauer (D-Ore.), also a no vote on Monday. And there's an extension of the renewable energy tax credit, a priority of Rep. Gabrielle Giffords (D-Ariz.), who wants to make Arizona the "Silicon Valley of solar energy."
...
"Many around here are finding comfort in the notion that 'something is better than nothing.' I believe that is a false choice," said Sen. Richard Shelby of Alabama, the top Republican on the Banking Committee. "The choice we faced was between pursuing an informed response or panic. . . . Unfortunately, we chose panic."
Rep. Steve King (R-Iowa) said the new version of the bill contained a biodiesel tax credit he had championed, but he still planned to vote against the measure again. However, other lawmakers may be swayed, he said.
"I think that they probably put enough sweeteners in it that they will be able to get the votes," King said in an interview.
Rep. Lloyd Doggett (D-Texas) was similarly unpersuaded. "The Senate measure has changed my position from 'No' to 'Heck no,' " he said. "With the Senate amendment, the bailout has gone from bad to worse, $105 billion more in public debt worse."
Some of the changes appeared aimed at enticing specific lawmakers to change their votes from no to yes.
... the bill now includes a provision to boost insurance coverage of mental illness, a priority of Rep. Jim Ramstad (R-Minn.), who voted against the bailout bill Monday. It also includes a tax benefit for bicycle commuting sought by Rep. Earl Blumenauer (D-Ore.), also a no vote on Monday. And there's an extension of the renewable energy tax credit, a priority of Rep. Gabrielle Giffords (D-Ariz.), who wants to make Arizona the "Silicon Valley of solar energy."
...
"Many around here are finding comfort in the notion that 'something is better than nothing.' I believe that is a false choice," said Sen. Richard Shelby of Alabama, the top Republican on the Banking Committee. "The choice we faced was between pursuing an informed response or panic. . . . Unfortunately, we chose panic."
Senate passes Bailout..now off to the house we go
Galbally;1004781 wrote: Yes, I heard that, well whatever your representatives intend to do, I hope they do it fast, you might not have noticed it over there, but its not just Main Street America that is in trouble, the whole financial system seems to be in danger of falling apart all over the world, and there isn't much we can do about it until you do something, so I hope this new plan works better, that they help ordinary people, but mostly that they actually do something.
Exactly!!!!!!!
Exactly!!!!!!!
"Life is too short to ski with ugly men"