Congressional Republicans Likely to Filibuster Auto Deal
(corrected, it was just the rule that passed. Final vote should be in about an hour.)
Chris Carney (PA)
Heath Shuler (NC)
Mike Michaud (ME)
Baron Hill (IN)
Harry Mitchell (AZ)
Mike McIntyre (NC)
Jim Matheson (UT)
Gabby Giffords (AZ)
Stephanie Herseth Sandlin (SD)
The auto deal is currently in front of the House, and there’s some worry there that Republicans may use motions to re-commit in order to add in some noxious riders. But even worse news comes from the Senate, where Congressional Republicans are threatening to make sure the bill doesn’t pass at all:
Sen. George V. Voinovich, R-Ohio, said the bill didn’t have the necessary Republican votes to pass Congress.
There are even Democrats, for example, Baucus, who have said they will oppose the bill. Bush has said he’ll lobby hard to get the bill through, but at this point he has virtually no leverage, and everyone knows it.
It’s not a very good bill, but it’s better than letting the Big 2 1/2 go under, and losing the 3 million jobs. This entire debate has become surreal and an exercise in fantasy, with claims that auto-workers make $70 an hour (they don’t, to get that number you have to include all the pension payments to already retired workers into their pay) and a steadfast refusal to admit that if it weren’t for the financial crisis, they wouldn’t be on the verge of going bankrupt.
700 billion dollars was given directly to the financial sector, another 7 trillion or so was used by the Fed to support the financial sector, and the banks and brokerages used that money to give themselves 70 billion dollars in bonuses for wrecking the economy. But twenty-five billion to save 3 million jobs and a major industry? Forget it.