Inhofe Gets Help on Bail-Out Freeze
Sen. Jim Inhofe, R-Tulsa, whose proposal to freeze the rest of the bail-out money and require Congress to vote on using any more of it (there’s about $400 billion left) garnered a lot of attention last week — and also some co-sponsors. Most of the people signing on are Republicans, but Inhofe also got the support of Sen. Bernard Sanders, an Independent from Vermont who mostly votes with the Democrats and is a self-described “democratic socialist.”
Sanders was one of the most vocal opponents against the bail-out package. An earlier blog item included his comments.
Clearly, the bill is highly unlikely to be considered in the next few weeks before this Congress adjourns. Lawmakers may not return before January. And all pending bills will expire when this Congress officially ends, so Inhofe would have to reintroduce his legislation when the next Congress begins.
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