House GOP Aides: McCain ‘Not Familiar With The Details’ Of The Financial Bailout»
from ThinkProgress
Bailout negotiations “dissolved into a verbal brawl” at the White House yesterday, as some House Republicans, led by Eric Cantor (R-VA), said they wouldn’t back a bipartisan negotiation on the package. The House GOP faction stunned the participants at the meeting yesterday by announcing their own plan which “advocates tax cuts and relaxed regulations.”
Treasury Secretary Henry Paulson has said the House GOP proposal would not work. “Democratic leaders questioned McCain’s involvement in the House Republicans’ opposition to the plan.” McCain met with House GOP leaders before heading to the White House, but neither party seemed to know what they were talking about:
Boehner and McCain discussed the bailout plan, but Republican leadership aides described the conversation as somewhat surreal. Neither man was familiar with the details of the proposal being pressed by House conservatives, and up to the moment they departed for the White House yesterday afternoon, neither had seen any description beyond news reports.
(Continued here.)
Bailout negotiations “dissolved into a verbal brawl” at the White House yesterday, as some House Republicans, led by Eric Cantor (R-VA), said they wouldn’t back a bipartisan negotiation on the package. The House GOP faction stunned the participants at the meeting yesterday by announcing their own plan which “advocates tax cuts and relaxed regulations.”
Treasury Secretary Henry Paulson has said the House GOP proposal would not work. “Democratic leaders questioned McCain’s involvement in the House Republicans’ opposition to the plan.” McCain met with House GOP leaders before heading to the White House, but neither party seemed to know what they were talking about:
Boehner and McCain discussed the bailout plan, but Republican leadership aides described the conversation as somewhat surreal. Neither man was familiar with the details of the proposal being pressed by House conservatives, and up to the moment they departed for the White House yesterday afternoon, neither had seen any description beyond news reports.
(Continued here.)
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