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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Boehner: Bill Passage "In Serious Doubt"

House Minority Leader John A. Boehner (R-Ohio) moments ago said passage of the $700 billion financial bailout package is "in serious doubt" in remarks on the House floor. In urging his fellow members to vote for the bill, Boehner acknowledged that it did not contain many elements that he and other House Republicans had urged, but said it was necessary.

"We have an imperfect product, but we have a product that may work...even if we can get the votes to pass it, which, I don't have to tell any of you, is in serious doubt. " Boehner said.

He went on to say: "Just think about what happens if we don't pass this bill. Think about what happens to your friends, your neighbors, your constituents. Think about those retired people whose retirement income will shrivel up to zero...If I didn't think we were on a brink of an economic crisis, it would be the easiest thing in the world for me to not vote for this." He added, "None of us came here to have to vote for this mud sandwich."

--Sara Goo

By Sara Goo  |  September 29, 2008; 1:17 PM ET
Categories:  The Ticker  
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Comments

If the reps DON'T vote for the bill because it isn't perfect . . . that is FINE. THEN you go back and fix the bill! Congress should not let anyone (in particular Bush and his strident calls for action) shove this thing down their throats.

Your basic premise should be: listen to Bush, then do the opposite he suggests. You cannot go wrong with this idea.

Posted by: Orbiter Dictum | September 29, 1908 1:34 PM | Report abuse


Isn't there a Maverick in the House? Or is he out to lunch with Lieberman again?

Posted by: Mom | September 29, 1908 1:46 PM | Report abuse

Why do republicans hate America?

Posted by: Fate | September 29, 1908 1:48 PM | Report abuse

The popular hatred of this bailout puts those Republican lawmakers who vote for it in serious peril.

On top of that is Nancy Pelosi's verbal posturing, partisan declarations that make bailout package appear to be some Democratic trumping of Republican incompetence, was enough to enrage and turn off a lot of Republican representatives who might have voted for it anyways.

Posted by: AsperGirl | September 29, 1908 1:54 PM | Report abuse

why would they move this bill without enough votes in hand? they had to know the markets would go crazy in this exact situation.

Posted by: tom | September 29, 1908 2:16 PM | Report abuse

couple pretty interesting articles from greenfaucet...

http://www.greenfaucet.com/node/2975
http://www.greenfaucet.com/aussie-nz/are-you-really-prepared-for-whats-coming/02130

Posted by: k.urban | September 29, 1908 2:53 PM | Report abuse

The congressman only care about their constituents when it is time for election.

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Posted by: chas | September 29, 1908 3:08 PM | Report abuse

The comments to this entry are closed.

 
 
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