Sep 27 2008
U.S. Senator Richard Shelby (R-Ala.) today voted against the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009, because it provides Detroit-based automobile manufacturers with an unnecessary and economically harmful $25 billion bailout. The Senate approved this legislation by a vote of 78-12 and it will now go to the President for his signature.
“Since I was first elected to Congress, I have believed that my most important duty is to the taxpayer,” said Shelby. “I do not support using taxpayer dollars to save private companies. This is not a national problem, it’s their problem. Although the bailout was attached to legislation containing billions of dollars for projects I personally fought for, I could not support this gross misuse of American taxpayers’ hard-earned money.”