$700 billion bill for bailout passes
Reluctant Democrats and Republicans banded together yesterday to approve the rescue plan -- the broadest government intervention in markets in decades -- on a 263-171 vote. Bush swiftly signed it.
Fortunately...
Just minutes after the House of Representatives voted to pass legislation containing a $700 billion financial industry bailout, the 362,000-member National Taxpayers Union (NTU) -- which has led opposition to the package -- announced a new effort to minimize the damage the package threatens to inflict on taxpayers, the economy, and accountable government.
You can contact Cantor at 804-358-6160 and Scott at 804-644-4845 to let them know how unhappy you are with the result. It appears that both Cantor and Scott voted for the bail out both times. Both Senators Webb and Warner also voted for the bailout both times. Warner can be reached at (804) 739-0247 and Webb at 804-771-2221.
Cantor has an opponent fin this year's election, Anita Hartke (http://www.hartkeforcongress.com). At the moment, we are not aware of her position.
Sen. Warner is not seeking reelection (that's a very good thing!). The two major party candidates for his job took a position on the bailout in last night's debate (See richmondliberty.org for more info The other candidates Gail Parker (http://www.gailparker.us/) and Bill Redpath (http://www.redpath2008.com/) were not included in the debate.
The list of Representatives who switched their vote to allow this to pass:
Republicans:
Alexander
Barrett
Biggert
Boustany
Buchanan
Coble
Conaway
Dent
Fallin
Frelinghuysen
Gerlach
Hoesktra
Knollenberg
Kuhl
Myrick
Ramstad
Ros-Lehtinen
Schmidt
Shadegg
Shuster
Sullivan
Terry
Thornberry
Tiberi
Wamp
Weller (did not vote the first time)
Democrats:
Abercrombie
Baca
Berkley
Braley
Carson
Cleaver
Cuellar
Cummings
Edwards (MD)
Giffords
Green, Al
Hirono
Jackson (IL)
Jackson-Lee
Kilpatrick
Lee
Lewis (GA)
Mitchell
Ortiz
Pascrell
Pastor
Rush
Schiff
Scott (GA)
Solis
Sutton
Thompson (CA)
Tierney
Watson
Welch (VT)
Woolsey
Wu
Yarmuth
Useful information from the Cato Institute: http://cato.org/special/financial_crisis/