Missouri congressmen and women split Monday's bailout bill with 5 "no" and 4 "yes" votes, some saying it was the wrong bill at the wrong time.
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Missouri congressmen and women split Monday's bailout bill with 5 "no" and 4 "yes" votes, some saying it was the wrong bill at the wrong time.

Date: September 29, 2008
By: Christine Slusser
State Capitol Bureau

Intro: Missouri congressmen and women split the vote on Monday's bailout bill with 5 "no" and 4 "yes" votes.

Christine Slusser has more from the state capitol.

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St. Louis Area Representative Todd Akin gave a thumbs down to the bailout bill.

Akin's press secretary Steve Taylor would not say the market is crashing but that the Treasury Secretary offered a gloomy outlook from the get-go.

Actuality:  TAYLOR1.WAV
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Description: "What congressman Akin is concerned about is that Paulson came in and said we have to do this or we're gonna have a catastrophe.  That's sort of setting expectations for that and we have to be careful of a self-fulfilled prophesy."

Taylor said while the drops in the stock market are significant, there can always be a turn around. 

From the state capitol, I'm Christine Slusser


Intro:  Missouri Congressman Emanuel Cleaver II voted down the bailout bill but his press secretary says there is hope for the future.

Christine Slusser has more from the state capitol.

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Of the nine Missouri Congressmen and women, five gave the economic bailout plan a thumbs down and four voted "yes."

Congressman Emanuel Cleaver II was one of the "no" votes.

Cleaver's press secretary Danny Rotert (ROW DIRT) said the bailout bill was too big too fast but a new bill is in the works takes a different point of view.

Actuality:  ROTERT2.WAV
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Description: "We will start from the position of 'how do we protect consumers' and do what we can to help the economy. I think this last bill started from the perspective of 'how do we protect Wall Street?'"

Rotert also said the stock market tumbling caused a sense of urgency to get something done.

From the state capitol, I'm Christine Slusser.


Intro: State Treasurer Sarah Steelman agreed with opponent Kenny Hulshof that she would have voted "no" on the bailout bill.

Christine Slusser has more from the state capitol. 

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State Treasurer Sarah Steelman said the economy has been going down the drain because of reckless spending by the federal government.

As far as legislation goes, Steelman said she does not think the end is near and is not sure how everything will play out.

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Description: "The ramifications on the economy are going to be great and they're not just from the actions we've seen occur in the last week. They're also from the fact that this has been going on for two years."

Steelman said the way the federal government spends money in Missouri and nationwide shows no respect for the tax payers dollar.

From the state capitol, I'm Christine Slusser.


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