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Why the House Republicans Voted Against the Paulson Plan

Posted on September 29, 2008

Let us turn the microphone over to Tim Echols, Treasurer for Paul Broun, R-GA: FYI, all the Georgia Republicans voted against the bail-out. As FRC said today, the current proposal fell short of upholding conservative ideals. The Congressional conservatives played an important role in keeping out the already-borderline socialistic White House proposal and some Hugo Chavezesque suggestions from the Democrats, such as allowing judges to set mortgage rates and creating a slush fund for liberal groups like ACORN. However, the final plan did not reform what has created the problem nor did it adequ...

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mortgage rates