Thursday, January 21, 2010

Senate Democrats Vote to Extend TARP

Via Senatus

The Senate defeated an amendment offered by John Thune (R-SD) that was designed to end any further use of TARP funds for bailouts.

I thought that one of the consequences of the Brown victory in MA and the apparent end to health care reform would be an uptick in outrage over bailouts and efforts by the Democrats to demonstrate they were sufficiently on the side of "Main Street rather than Wall Street". We've seen something in this vein from the President, but apparently Congressional Democrats didn't get the memo. Perhaps they are waiting for a more opportune time to adopt the mantle of populist outrage, maybe some time a little closer to November.

The vote was 53 to 45. Thirteen Democrats joined the Republicans in supporting the amendment, including Wisconsin's Russ Feingold. Herb Kohl joined fifty Democrats and two independents and voted against the amendment.

No comments: