Follow the Votes: Tied Up With TARP
The Senate took up three noteworthy pieces of legislation yesterday.
• S.J. Res. 5 was defeated by vote of 42-52, resulting in the release of the remaining $350 billion of TARP funds for President-elect Barack Obama to inject in the economy. The resolution would have blocked the second half of the $700 billion Wall Street bailout. Six Republicans and one Independent joined 45 Democrats to defeat the measure.
President-elect Obama said of the Senate's vote, "I'm gratified that a majority of the U.S. Senate, both Democrats and Republicans, voted today to give me the authority to implement the rest of the financial rescue plan in a new and responsible way," according to a statement released by his transition office.
• The Senate voted to invoke cloture, 72-23, on the motion to proceed with H.R. 2831, the Lilly Ledbetter Fair Pay Act -- legislation proposed last year, addressing the issue of pay discrimination in the workplace.
• The Senate also passed a motion to invoke cloture, 68-24, on S. 22 -- the Omnibus Public Land Management Act of 2009.
Posted by: tak8211 | January 16, 2009 3:14 PM | Report abuse
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