Northwest Senators Evenly Split on Bailout Vote - Spokane, North Idaho News & Weather KHQ.com

Northwest Senators Evenly Split on Bailout Vote

WASHINGTON - Senate passes $700 billion rescue package for financial companies with a vote of 74 to 25. Northwest senators were split evenly down the middle on the  vote with 4 votes for and 4 against from the 8 Senators from Washington, Idaho, Oregon and Montana.

Senators Patty Murray(D-WA), Larry Craig(R-ID), Gordon Smith(R-OR) and Max Baucus(D-MT) all voted yes for the Senate bailout package. Senators Maria Cantwell(D-WA), Mike Crapo(R-ID), Rod Wyden(D-OR) and Jon Tester(D-MT) voted no citing a variety of reasons.

Both presidential candidates, Democrat Barack Obama and Republican John McCain, returned to Washington for the historic vote on the broadest government intervention in financial markets in decades.

Senate leaders in both parties added $110 billion in tax breaks and other sweeteners aimed at picking up enough votes in the House to pass the bill a month before the election. The House rejected the bill on Monday but leaders will try again to pass it on Friday.

The government would use most of the money to take over bad mortgages from tottering financial companies and investors.

To read statements from various Northwest Senators on why they voted for or against the Senate Bailout Bill check out their web pages linked here:

Maria Cantwell(D-WA) http://cantwell.senate.gov/news/record.cfm?id=303998

Patty Murray(D-WA) http://murray.senate.gov/news.cfm?id=303965

Larry Craig(R-ID) http://craig.senate.gov/releases/pr100108a.cfm

Mike Crapo(R-ID) http://crapo.senate.gov/media/newsreleases/release_full.cfm?id=303986

Jon Tester(D-MT)   http://tester.senate.gov/Newsroom/pr_100108_bailout.cfm

Max Baucus(D-MT) http://baucus.senate.gov/newsroom/details.cfm?id=303972

Ron Wyden(D-OR) http://wyden.senate.gov/newsroom/record.cfm?id=303984&

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