Defeat Of Bailout Bill Hurts McCain

“The defeat reflects poorly on Sen. John McCain — who made a dramatic return to Washington last week in the hopes of salvaging a deal that ultimately collapsed — as well as the Democratic-controlled Congress, which looks powerless in the face of crisis. ‘It’s ugly,’ said Whit Ayres, a Republican political consultant. ‘It makes the Congress look pretty irresponsible. But the more negative the current environment, the higher the hill McCain has to climb.’” [Link]

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