Wednesday, September 24, 2008

Will McCain's Feet be Held to the Fire on the Bailout?

Many folks, including me, have expressed concern that the Republicans might try to ram this bailout package through, then have McCain blame the Democrats for "selling out the taxpayers" or whatever. (Cynical and stupid, but then what hasn't been in McCain's campaign?)

Anyway, seems there is at least a good chance that Congress isn't going to let this happen:

"If McCain doesn't come out for this, it's over," a Top House Republican tells ABC News.

A Democratic leadership source says that White House Chief of Staff Josh Bolten has been told that Democratic votes will not be there if McCain votes no -- that there is no deal if McCain doesn't go along.

McCain, taking questions from the traveling media today for the first time in 40 days, said he doesn't yet know how he will vote on the bailout.

But when he was asked by ABC News' Ron Claiborne what he would do if the fate of the bill was in his hands, he said Senate Democrats should not use his vote as the determining factor on the success of the bill.

"This issue should be - and their vote should be determined in how we can resolve this crisis and get America going again," McCain said.


Some senior Democrats on Capitol Hill have voiced concern that McCain will continue to oppose the Bush administration's plan as a way to position himself as a critic of Wall Street and the Bush Administration.

If McCain doesn't vote for the legislation, other Republicans might follow suit, leaving the Democratic-led majority to fight in Congress to pass the risky bailout plan.

However a Democratic congressional leadership source tells ABC News' Jake Tapper that Paulson went so far as to assure Democratic leaders that McCain "won't be a problem" -- in other words that McCain will vote for the proposal.

Wow, maybe the Dems really are wising up.

1 comment:

soozzie said...

OK, I have gone from leaning no to yes on the bailout....