So. What now? And when? (user search)
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  So. What now? And when? (search mode)
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Author Topic: So. What now? And when?  (Read 2069 times)
ChrisFromNJ
Sr. Member
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Posts: 2,742


Political Matrix
E: -5.35, S: -8.61

« on: September 29, 2008, 02:34:52 PM »


I think the biggest problem with the $700B was that it was too big and broad.  They need to pass a series of smaller bills.  For starters, it will be less politically dangerous for candidates running for office in close races (both dems and reps).  Secondly, the bills will be more focused on what they are suppose to do.  Lastly, the more contentious issues will be debated longer (such as long-term powers provided to the Sec of Tres) without holding up the needed funding in key areas.

The bill voted on today had the Treasury receiving $200 billion initially and then receiving the other $500 billion after Congressional approval.

This bill was entirely reasonable.
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ChrisFromNJ
Sr. Member
****
Posts: 2,742


Political Matrix
E: -5.35, S: -8.61

« Reply #1 on: September 29, 2008, 05:48:37 PM »


I doubt the House GOP goes along with this bailout bill in its current form.

I would expect their version of the bill to be on the floor Thursday ready for an up or down vote.
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