(Ok all, what do you think of today’s attempt – promoted by DavidThi808)
Just what House, Senate and Bush Admin negotiators didn’t want: Congress to load up the $700B
boondoggle bailout with all sorts of other non-germane goodies.
A top House Democrat expressed concern today about the Senate’s addition of myriad tax break extensions to the Wall Street bailout package, saying it could prompt some House Democrats to pull their support for the measure. The Senate is scheduled to vote tonight on the $700 billion bailout, which faltered in the House on Monday and spurred a stock-market plunge. Senate leaders have added tax measures, including a suite of renewable energy credits extensions that have been slowed by a House-Senate impasse.
This will slow passage of the Paulson Power Grab significantly and will shoot further holes into the “you must pass this right this second or we’re all going to die” fearmongering.