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Congressman Chandler Responds to Vote on Wall Street Bailout Plan

Statement

Date: Oct. 3, 2008
Location: Washington, DC
Issues: Economy and Fiscal Government Budget and Spending


Congressman Chandler Responds to Vote on Wall Street Bailout Plan

By Jennifer Krimm

"After a great deal of consideration, I decided to vote against the emergency bailout plan that was rushed before Congress for a vote today. The US Congress stands ready to spend an unprecedented amount of taxpayer money with absolutely no assurances that that this plan will work. The people responsible for this situation, including big Wall Street investors, are the very same people who are demanding immediate action paid for by the American taxpayer. Instead of taking the time to discuss alternative solutions, I am worried that all we are doing is kicking the can down the road. I am deeply concerned what this burden of massive debt might mean for middle-class, hard-working Kentuckians and their children and grandchildren."


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