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The Senate just voted 42-52, FAILING to pass a resolution of disapproval on spending $350 billion more on the TARP bailout plan. That means that they supported the second half of the bailout. The measure will now move to the House where, if it passes, it will certainly be signed into law.
FAILout, part II. Apparently that first $350 billion was so effective that the Senate couldn't help itself but to vote for the second half, too. It's times like these when I have to fight the urge to throw my hands up and say, "Screw it." Can somebody talk me down? Please?
UPDATE: Roll call vote here. Five Republicans voted against the resolution...Lamar Alexander (TN), Judd Gregg (NH), Jon Kyl (AZ), Dick Lugar (IN), Olympia Snowe (ME).
Nine Democrats voted for it...Evan Bayh (IN), Maria Cantwell (WA), Byron Dorgan (ND), Russ Feingold (WI), Blanche Lincoln (AR), Ben Nelson (NE), Bernie Sanders (technically an Independent-VT), Jeanne Shaheen (NH), and Ron Wyden (OR).
Senate Votes to Flush $350 Billion More of Your Money
Posted by Andrew Moylan - January 15, 2009Thoughts? Add Comment -
Lindsey Brutus said on Jan 17 2009 at 11:34pm
It is amazing that more Democrats voted for the resolution than Republicans! It seems the Democrats are becoming the fiscally responsible party now. Kudos to Feingold especially since he voted against the original package also! Have the five republicans that voted agaist the resolution lost their minds? At least Senator McCain saw the light finally as voting for the original FAILOUT cost him the election in my mind! Now he is back to the senator McCain we all know and love!