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10-29-2008, 10:59 PM #1
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Next Bailout Battle Rages In DC
Next Bailout Battle Rages In DC
By fitsnews • on October 29, 2008
S.C. Gov. Mark Sanford wrangled with some of Washington’s most notorious status quo spenders today, testifying before the U.S. House Ways & Means committee in opposition to another massive federal bailout of our nation’s ailing economy.
The contentious session - which was designed to shore up support for a $150 billion bureaucrat bailout package aimed at rescuing struggling state governments - featured Sanford butting heads with New York Democrat Charles Rangel, who chairs the committee, as well as New York Gov. David Patterson, whose state is facing a $47 billion shortfall over the next four years.
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