Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

McCain was such a help! Still wants to relax regulations??

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
tannybogus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:42 PM
Original message
McCain was such a help! Still wants to relax regulations??
Edited on Thu Sep-25-08 06:48 PM by tannybogus
During the White House meeting, it appears that Sen. John McCain had an agenda. He brought up alternative proposals, surprising and angering Democrats. He did not, according to someone briefed on the meeting, provide specifics.

One the proposals -- favored by House Republicans -- would relax regulation and temporarily get rid of certain taxes in order to lure private industry into the market for these distressed assets.

That approach has been rejected by Senate Democrats, Senate Republicans and, to this point, the White House. During the meeting, according to someone briefed on it, Sec. Henry Paulson told those assembled that the approach was not workable.

Before the White House meeting, Democrats and Senate Republicans were on track to get legislation to the floor by tomorrow. Democrats say that, at best, they hope for half of Republicans in the House to go along. At worst, the vote in the House becomes partisan and then Senate Republicans get shaky and then...

http://marcambinder.theatlantic.com/mt/mt-tb.cgi/28428
Printer Friendly | Permalink |  | Top
TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:45 PM
Response to Original message
1. RELAX REGULATION??? Is this what they were after all along?
Printer Friendly | Permalink |  | Top
 
MadrasT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:46 PM
Response to Reply #1
2. Is there any regulation left to "relax"?
:sarcasm:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 01:22 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC