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.

“I’m here to beg of you not to approve or advance the contemplated $150 billion stimulus package,â€