Shadegg Comes Around on Bailout Bill
4:56 PM, Oct 1, 2008 • By BRIAN FAUGHNAN
Roll Call reports that Congressman John Shadegg -- former chairman of the Republican Study Committee -- has signalled that he's likely to support the Senate market rescue bill when it comes to the House for a vote:
Shadegg is likely to bring the votes of several conservative House Republicans, significantly improving prospects for passage. With Senator Tom Coburn already on board, the package now has the support of two of the strongest pro-market, pro-Main Street, anti-big government Republicans in Congress. If the bailout is somehow defeated again, it's far more likely to be the result of more apathy from the House Democratic leadership, combined with happy talk from the liberal Democrat rank-and-file.