Martinez Gets 'Earful' Back in Fla.
Appearing on CNBC moments ago, Sen. Mel Martinez (R-Fla.) said he "got an earful about the House vote" when he returned to his home state during the Rosh Hashanah holiday yesterday.
Martinez, who said he will vote for the new Senate plan, said his constituents were in favor of the $700 billion Wall Street rescue plan and were upset by the wave of negative calls that members of Congress received from their constituents in the days before the House killed the rescue plan on Monday.
"I didn't understand the calls made a difference," Martinez said his constituents said, adding that they said they needed to start making their own calls to lawmakers to urge passage, which The Post's Shailagh Murray and Paul Kane reported this morning has already been happening.
In other news:
- The U.S. Chamber of Commerce has launched an emergency, inside-the-Beltway radio ad campaign urging lawmakers to pass the rescue bill, but fast.
"We must act quickly to prevent a total freeze up of our financial system," R. Bruce Josten, the Chamber's top lobbyist, says in the 30-second ad. "Inaction, without a doubt, would cause our economy to collapse. Congress, do not delay."
- New mortgage applications dropped 23 percent last week, the Mortgage Bankers Association said this morning.
- Frank Ahrens
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