Thanks Perdogg, wish it wasn’t MSNBC reporting but looks like we’ll get a bill tomorrow for distribution and analysis from the Senate website.
There a several posters who are trying to distort the facts on which bill this exactly is that will be considered tomorrow.
1. It is NOT the original Paulson, Bush, Reid, Dodd, Pelosi giveaway. Anyone who says this is lying.
2. It IS the compromise bill agreed to by all four parties (Reid, McConnell, Pelosi and Boehner) PLUS additional tax incentives and FDIC enhancements.
3. The so-called House GOP alternative is likely a non-starter, because Pelosi will not allow a vote on it. She cannot expose her members to having to take that vote. The majority party in the House controls the rules.
Is the package under consideration perfect? Hardly. Is it better than the original Bailout? Yes. Are the additional tax cuts worthwhile? Yes.
It will pass the Senate overwhelmingly. The House in my view will still be much closer. Pelosi will have to deliver more RATS, and they ain’t gonna like it.
The GOP is winning this battle by the hour. The RATS want to get out of town.