Bailout Bill Fails in the House

At the last minute a number of Republicans who were going to vote for the bill, switched their vote from for to against. The vote failed by a vote 0f 228-205 These Republican members split from their party leadership and President Bush because as House Republican Leader John Boehner stated, because of a pre-vote speech given by Speaker of the House Nancy Pelosi. Really? The GOP spit from voting yes to no because the Speaker of the House hurt Republican feelings?

Here’s Pelosi’s speech:

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5 Responses to Bailout Bill Fails in the House

  1. jonolan says:

    It’s not that clear cut. The Dems have enough of a majority in the House that they didn’t need the Reps at all, but couldn’t even get their own soldiers in line behind the bill.

    Democrats: 140 (yes), 95 (no) – 140/235 is 66.8% of Democrats voting yes.
    Republicans: 65 (yes), 133 (no), 1 (abstain) – 65/199 is 40.4% voting yes.

    When a 3rd of your own forces won’t side with you, you’re doomed.

  2. jonolan says:

    Let’s be fair – a 3rd of the Democrats voted against this obscenity as well. and 40% of the Republicans voted for it to their shame.

  3. jonolan says:

    Democrats: 140 (yes), 95 (no) – 140/235 is 66.8% of Democrats voting yes.
    Republicans: 65 (yes), 133 (no), 1 (abstain) – 65/199 is 40.4% voting yes.

  4. This was a bipartisan bill that was worked out over the weekend with both side of leadership signing off on it. Getting 66.8% (FYI 66.8% overall would give this bill a veto proof majority) of a caucus to vote for a $700 billion bailout which doesn’t sit well with their home constituency is impressive. The GOP was only able to manage 40% in the same effort when their leadership and their president and presidential nominee was fully behind the bill is less than impressive. It’s sad and shows the GOP has no clear leader.

    That being said, the head of the House GOP, John Boehner went on television to blame the bill’s failure on Speaker Pelosi’s speech prior to the vote. If the House Republicans changed their vote because of this speech the GOP has bigger problems than lack of leadership.

  5. jonolan says:

    So the Dems managing to get 66.8% of their people to go against the desires of their home constituency is a good thing? I’m not seeing it.

    Then again, I was against the bail-out so my opinion is slanted on the issue.

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