Giffords, Bee on the vote


Published/Last Modified on Wednesday, October 8, 2008 3:06 PM MDT


Wick News Service


U.S. Rep. Gabrielle Giffords was one of four members of the U.S. House from Arizona to support the revised version of the financial rescue bill.

Her vote came as she called portions of the legislation added in the Senate “ridiculous” and after she had heard from “thousands” of constituents in District 8, which include Cochise County.

“But sitting on the sidelines and risking major economic collapse would be irresponsible. Retirement accounts, jobs, the safety of our money in local banks, and the survival of small businesses in Southern Arizona and across the country are on the line,” the congresswoman said in a statement on Friday.

“Let me be clear: I have no interest in bailing out the greedy corporate executives who created this mess. But inaction at this time would be negligent,” she said in the statement. “This is not the same bill that was rejected by a bipartisan majority in the House on Monday. It is a better bill because it helps taxpayers — not just Wall Street. It is not a silver bullet but I believe it is necessary to prevent further harm to our economy.”

Her opponent in the Nov. 4 election, state Senate President Tim Bee, used the vote to criticize Giffords’ support of a bill with “pork-barrel spending” and that she didn’t pass the first bill presented on Monday.

“When Congress had a chance to stand up and do the right things for the American people, they didn’t. The proposed bailout couldn’t pass earlier this week. Ms. Giffords voted against it because she wanted ‘adequate taxpayer protections’ and complained that the legislation was rushed,” Bee said in a statement.

“Well, this new legislation epitomizes the systematic problems in Washington. Instead of addressing the crisis and passing sensible legislation that would protect the taxpayer and not bail out Wall Street on the backs of Main Street, a broken Washington saw an opportunity.

“Washington (and the incumbent) seized an opportunity to pile on the American taxpayer.”

He noted that some of the “pork” in the bill was for wooden arrows, racetracks, rum, bicyclists and Hollywood studios.

 

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