Congress: Here comes the tough part
Posted: Thursday, December 11, 2008 9:12 AM by Domenico Montanaro
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Congress
NBC’s Mike Viqueira reported that the auto bailout passed the House last night. The Washington Post adds, “After mostly partisan debate, the House voted 237 to 170 to approve the measure. But with Sen. Richard C. Shelby (R-Ala.) and other conservatives threatening to block consideration of the measure, even some Republican advocates of the bailout said it is unlikely to attract sufficient GOP support to win approval in the closely divided Senate.”
Per NBC’s Ken Strickland, the Senate is scheduled to have its first vote on the auto bailout on Friday morning, although it’s a procedural one. Yet Senate leaders are working on an agreement that would allow for votes sooner, including possible votes on alternative Republican proposals.
Republicans are in the drivers' seat here, Strick adds. Without their support, no bailout package passes. Without their cooperation and compromise, the voting process gets dragged into the weekend. It's unclear what, if anything, passes or when.
The New York Daily News: "Senate Republicans with huge Japanese, German and South Korean car plants in their backyards threatened Wednesday to scuttle the proposed $14 billion federal bailout of the U.S. auto industry. 'I'm going to oppose this,' said Sen. Richard Shelby (R-Ala.), who has multibillion-dollar Honda, Hyundai and Mercedes-Benz factories in his state. The House approved the bailout last night, 237 to 170, but the verdict in the Senate was in doubt -- and might be debated into next week."
Roll Call: "White House Chief of Staff Josh Bolten and Vice President Dick Cheney attended the Republicans' weekly luncheon to urge passage of the measure, but Senators said that those pleas fell on deaf ears. 'I think they had less support when they left than when they came in,' Sen. Bob Corker (R-Tenn.) said. He described the bill as 'the product from an administration that wants to kick the can down the road and let somebody else deal with it. And, I think it has minimal to very little support in our caucus.'"
CQ's auto bailout piece offers a primer on why the math looks so tough for supporters hoping for Senate passage this week.
Rep. Don Young will no longer head the Natural Resources Committee, stepping down from his ranking member post as ethics complaints continue to swirl around the Alaska Republican.
"With the departure of Rep. Don Young (R-Alaska) from his perch on the House Natural Resources Committee, Republicans successfully scrubbed another ethical blotch from their once-dingy Conference," writes Roll Call. "But the House GOP is moving cautiously as it seeks to claim the ethical high ground amid a spate of recent stories tarnishing Democrats."