Tag Archives: ecomomy

Inslee bucks his party and votes against the Wall Street bailout

Rep. Jay Inslee on Monday helped kill President Bush’s $700 billion bailout of some of the nation’s biggest financial institutions.

The Bainbridge Island Democrat’s vote in the narrow, 228-205 defeat ran counter to the urgings of both parties’ leaders.

“For all the talk of protecting the taxpayer, there were only limited promises that the taxpayers’ $700 billion investment would be paid back and there were no provisions to help struggling homeowners,” said Inslee in a statement released shortly after the House vote.

Continue reading