Friday, October 24, 2008

Schmidt backs pork-laden Bush billionaire bailout boondoggle

Despite an outpouring of opposition, running 90% nationally, Congressman Jean Schmidt voted in September for the $850 billion bailout of the financial services industry. Schmidt opposed the bailout before she supported it. The changed that garnered her vote: Democrats added $150 billion in pork and more in special-interest tax breaks. "After six years of supporting every bad tax and spending plan of Bob Taft," said COAST Chairman Jason Gloyd, "we are not surprised by this new sell-out of our nation's taxpayers. By signing on to this bill," said Gloyd, "Schmidt supported the fastest descent into socialism ever in the history of this nation." Voters have a chance to get rid of Schmidt this November 4.

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