Wednesday, October 1, 2008

Now It's Collins' Turn

It looks increasingly likely that the Senate bailout bill, which Sen. Collins votes on tonight, will be worse than the House legislation.

Specifically: Even though Monday's version of the Wall Street bailout was conceived by the Bush administration and shepherded through negotiations by the former chairman and CEO of Goldman Sachs, it's apparently now perceived in Washington as having been insufficiently friendly to the corporate world.

So it's being larded up with tax breaks for business and other inducements to get Republicans on board.

When you think about it, it's sort of incredible.

Collins hasn't yet stated her intentions, but she's come awfully close. Expect her to vote for the bill.

1 comment:

Maine Owl said...

Absolutely the only chance in the world Tom Allen has to win in November is to vote to block it when it come to the House. He may have already blown in by the first yea vote. People in the 1st District--it's up to you to get the message to Tom.