Associated Press/Photo by Lawrence Jackson

The blame game

Congress | Democrats may point fingers at Republicans for the financial turmoil, but evidence shows that Democrats were reluctant to regulate
by Cal Thomas
Posted 10/02/08, 12:00 am

When Speaker Nancy Pelosi took to the floor of the House on Monday to blame Republicans for the financial turmoil and charge them with a laissez-fare attitude toward regulation, it seemed like a calculated effort to shift attention and accountability from what Democrats have done to create the current conditions. Fortunately, we have YouTube.

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Associated Press/Photo by Susan Walsh

Bailout bill defeated

Congress | Legislation to bail out the stressed financial industry was defeated in the House of Representatives by a vote of 228-205
by Emily Belz
Posted 9/29/08, 12:00 am

WASHINGTON-The House of Representatives killed the bill to authorize a $700 billion bailout of the economy by a vote of 228-205, after impassioned pleas on both sides.

Plenty of members from both parties were unhappy about the unpopular legislation, especially on the eve of elections. Only 65 Republicans voted for the bill, and 140 Democrats. One congressman offered an all-too-vivid image during the floor debates.

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Associated Press/Photo by J. Scott Applewhite (file)

Cut and save

Congress | With all eyes on the Wall Street bailout, the U.S.
by Jamie Dean
Posted 9/25/08, 12:00 am

While congressional leaders wrangled over the details of a federal bailout for Wall Street that could cost taxpayers an extraordinary $700 billion, the U.S House quietly passed an omnibus-spending bill for nearly the same amount Wednesday. The Senate is expected to pass the $630 billion measure by week's end.

Senate leaders wringing their hands over where to find $700 billion for the Wall Street bailout might start with the fine print of the omnibus bill: The measure includes more than $6.6 billion in pork-barrel spending.

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