Fortenberry Opposes $700 Billion Financial Plan

Washington, DC - Congressman Jeff Fortenberry today voted against the Emergency Economic Stabilization Act of 2008. 

“Undoubtedly, America is facing a serious financial challenge,” said Fortenberry.  “This bill is clearly an improvement from the original proposal.  However, we are falling into the trap of sequential decision-making.  Adopting this construct shuts the door on alternatives that may be less costly, easier to implement – and may provide a way through this crisis.  The choice between action and inaction today is a false one.

“Nebraskans and most other Americans have made responsible financial decisions.  Now we are forcing them to foot the bill for the financial industrialists of Wall Street who created this problem for Main Street.  And perhaps we have not addressed the underlying fundamental problems. 

“I could not in good conscience support this legislation.”

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