politico.com - 12/10/2008
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The auto industry bailout politics are a mess this morning.
Senate Minority Leader Mitch McConnell said Wednesday that Republicans are not prepared to back the massive auto-bailout package being negotiated by the White House and congressional Democrats.
McConnell would not allow Majority ...
nytimes.com - 12/12/2008
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nytimes.com —
Senate Republicans refused to support a bill endorsed
by the White House and Congressional Democrats, raising the...
specter of a financial collapse for G.M. and Chrysler. >
(more)
Senate Drops Automaker Bailout Bid
huffingtonpost.com - 12/10/2008
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huffingtonpost.com —
Senator Harry Reid is drawing a fairly bold
line in the political sand in regards to the...
ethical missteps surrounding Rod Blagojevich. On Wednesday, the Majority Leader and Sen. Dick Durbin drafted a letter -- which they subsequently urged their ...
(more)
Reid: Blagojevich Must Go, Must Not Make Appointment
thehill.com - 12/11/2008
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thehill.com —
Senate Minority Leader Mitch McConnell (R-Ky.) announced Thursday
morning he would oppose a $15 billion bailout of...
the U.S. auto industry, dealing the package a substantial blow. McConnell argued on the Senate floor that the package, which the House ...
(more)
McConnell opposes auto bailout
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Hugh Hewitt: "McConnell: Bailout votes aren't there"
Hugh Hewitt's TownHall Blog —
So reports Politico.com. Good. If the Senate GOP cannot get anything significant out of this negotiation --like a reduced corporate tax rate for MI and OH of 12.5%, which is the rate in Ireland that has produced a huge boom there-- then the Senate GOP should say "Not on our watch." But if the Senate GOP can get an example of what low taxes can achieve, make the deal.
Hugh Hewitt: "McConnell: Bailout votes aren't there"
Townhall.com Blog's TownHall Blog —
So reports Politico.com. Good. If the Senate GOP cannot get anything significant out of this negotiation --like a reduced corporate tax rate for MI and OH of 12.5%, which is the rate in Ireland that has produced a huge boom there-- then the Senate GOP should say "Not on our watch." But if the Senate GOP can get an example of what low taxes can achieve, make the deal.
Auto Bailout Deal Reached: Repubs Angry
The Latest on Air America —
... in emergency loans for struggling U.S. Automakers.
The bill intends to have strict oversight, which would require restructuring plans or filing for bankruptcy by Spring of 2009. The legislation would also create a presidentially appointed monitor (auto czar) to negotiate any restructuring the companines need. Even though this deal has been reached, Senate Minority Leader Mitch McConnell said today that Republicans are not prepared to vote for the current legislation. Poltico has more. ...
Let's Please Keep Track Of The Names Of The Senators Who Shove The Country Over The Cliff Into Full Blown Depression
DownWithTyranny! —
... Let's pull back from Melorod Blagojevich and Jesse Jackson, Jr. for a moment and put a little energy into the auto industry rescue package that the Bush Regime has negotiated with the congressional Democratic leadership. First off, the most antiunion radicals in the GOP caucus, extremists like David "Diapers" Vitter (R-LA), Jim Bunning (R-KY) and the Senate representative from Honda and Hyundai, Richard Shelby (R-AL), have vowed to kill the bill-- and the American automotive industry (and what's left of the economy)-- with a filibuster. ...
Related: mcconnell bailout
Senate conservatives line up to block bailout —
Politico Live's Blogs
A handful of the most outspoken Senate conservatives have lined up to block the bailout.
And so far, Mitch McConnell isn't pulling them back.
At a Capitol press conference moments ago, Sens. John Ensign of Nevada, Jim DeMint of South Carolina, David Vitter of Louisiana, Richard Shelby of ...
No auto-bailout vote today —
The Swamp
by Frank James
All of those waiting to see if there'll be an auto bailout vote today in the Senate can stand down.
Senate Minority Leader Mitch McConnell says there'll be no vote on the bailout today:
Here's the statement he made on the Senate floor:
"Republicans were told last ...
Standing Athwart a Bailout —
The Corner on National Review Online
We have an editorial today on the auto bailout, which offers some support for those in the Senate pushing against it.
This morning, Mitch McConnell says in a press statement:
"Republicans were told last night that an agreement had been reached between Congressional Democrats and the White ...
McConnell will —
Politico Live's Blogs
Mitch McConnell panned the Democrats' initial auto-bailout proposal, but said he would "reserve judgment" until final legislative language is negotiated with the White House.
The Senate minority leader's position is critical to the outcome of the plan, which will need 60 votes to ...