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Senate Votes On, Passes Bailout Package

Posted by PATRICK EDABURN in At TMV, Economy, Media, Politics.
Oct 1st, 2008 | Comments

The US Senate has voted on and passed the revised bailout package, adding a few billion (or few hundred billion) in add-ons and tax breaks because we have so much surplus money left we might as well spend some more. In theory this is still the original $700 billion bailout deal, but I would argue it’s closer to $1,000 billion with the add-ons.

Senator McCain votes Aye. Future President Obama votes Aye. Future Vice President Biden Votes Aye.

The official tally below.

Voting Yes (75): Akaka (D-HI), Alexander (R-TN), Baucus (D-MT), Bayh (D-IN), Bennett (R-UT), Biden (D-DE), Bingaman (D-NM), Bond (R-MO), Boxer (D-CA), Brown (D-OH), Burr (R-NC), Byrd (D-WV), Cardin (D-MD), Carper (D-DE), Casey(D-PA), Chambliss (R-GA), Clinton (D-NY), Coburn (R-OK), Coleman (R-MN), Collins (R-ME), Conrad (D-ND), Corker (R-TN), Cornyn (R-TX), Craig (R-ID), Dodd (D-CT), Domenici (R-NM), Ensign (R-NV), Feinstein (D-CA), Gramm (R-SC), Grassley (R-IA), Gregg (R-NH), Hagel (R-NE), Harkin (D-IA), Hatch (R-UT), Hutchison (R-TX), Inouye (D-HI), Isakson (R-GA), Kerry (D-MA), Klobuchar (D-MN), Kohl (D-WI), Kyl (R-Az), Lautenberg (D-NJ), Leahy (D-VT), Levin (D-MI), Lieberman (I-CT), Lincoln (D-AR), Lugar (R-IN), Martinez (R-FL), McCain (R-AZ), McCaskill (D-MO), McConnell (R-KY), Menendez (D-NJ), Mikulski (D-MD), Murkowski (R-AK), Murray (D-WA), Nelson (D-NE), Obama (D-IL), Pryor (D-AK), Reed (D-RI), Reid (D-NV), Rockefeller (D-WV), Salazar (D-CO), Schumer (D-NY), Smith (R-OR), Snowe (R-ME), Specter (R-PA), Stevens (R-AK), Sununu (R-NH), Thune (R-SD), Voinovich (R-OH), Warner (R-VA), Webb (D-VA), Whitehouse (D-RI)

Voting No (25): Allard (R-CO), Barrasso (R-WY), Brownback (R-KS), Bunning (R-KY), Cantwell (D-WA), DeMint (R-SC), Cochran (R-MS), Crapo (R-WY), DeMint (R-SC), Dole (R-NC), Dorgan (D-ND), Enzi (R-WY), Feingold (D-WI), Inhofe(R-OK), Johnson (D-SD), Landrieu (D-LA), Nelson (D-NE), Roberts (R-KS), Sanders (I-VT), Sessions (R-AL), Shelby (R-AL), Stabenow (D-MI), Tester (D-MT), Vitter (R-LA), Wyden (D-OR)

The only one to not vote, understandably, was Senator Kennedy.

Broken down by party, the Democrats voted 41-10 in favor while the GOP voted 34-15 in favor.

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PattonGuy

What's up with the "President Obama" and "Vice President Biden"? Freudian slip?

(Accidentally made McCain the VP. That would be very weird.)

Patrick E

Actually it was Future President Obama and Future VP Biden, which is what I expect to happen.

PattonGuy

I'm also kinda expecting Future President Obama, but in several weeks, anything could happen, and the phrase "conventional wisdom" was not meant as a compliment. I read it in my RSS reader, and it said President Obama and VP Biden (I accidentally said McCain above, oops, wouldn't that be interesting), so I guess my RSS didn't retrieve the changed version.

pacatrue

So why are things so different in the Senate than in the House, he asks out loud? My guess would be that having to run statewide allows for fewer niche candidates, while a small house district does. Is that it? Or is it that there was a 700 point stock drop in between the two votes? Or the stupid earmarks hidden in there?

DLS

I hope the House kills this junk bill as it killed the earlier junk bill. The losers will shriek and then shout hatred at the House, but they've been the best thing in DC lately.

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