• Most Popular
  • Most Shared

Some Republicans switching votes on bailout bill

WASHINGTON
Thu Oct 2, 2008 6:08pm EDT

WASHINGTON (Reuters) - Several Republican lawmakers in the House of Representatives said on Thursday they would either change or were leaning toward changing their "no" votes on the $700 billion Wall Street bailout package.

Barack Obama

Republican Florida Congresswoman Ileana Ros-Lehtinen said she would switch her vote to support the bailout, a version of which passed the Senate on Wednesday. She cited an increase in the federal insurance limit for depositors and additional tax credits, among other changes made, as reasons for her switch.

A spokeswoman for Arizona Republican John Shaddegg, who also voted no when a version of the plan failed in the House on Monday, said he was "leaning strong to yes."

Representative Zach Wamp of Tennessee told Fox News Channel: "I'm gonna vote for version two."

The House version of the bailout package failed with 228 no votes. Of those, 133 were from Republicans and 95 from Democrats.
Barack Obama


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets