From AP North Carolina Sen. Kay Hagan supports the release of $350 billion in bailout funds, shifting her position just a few months after opposing a bailout bill that passed while she was running for Congress.
Hagan said Thursday that the administration of President-elect Barack Obama provided assurances that the new money will be invested transparently and with accountability. Her vote on Thursday helped narrowly turn aside a bid to block the second bailout infusion.
The Democrat from Greensboro was vocally opposed to the bailout measure during her campaign. She called it a fix for Wall Street, not Main Street and said it only addressed half the problem.
Hagan took the oath of office last week, replacing Republican Sen. Elizabeth Dole.
January 16th, 2009 at 11:19 am
This is exactly why we need a new party in washington! If you are tired of Politics as normal and politicans putting party over principle check out the constitution party! They put principle over politcs! We are 100% against the bailouts that are bankrupting america!
http://www.constitutionparty.com/
February 7th, 2009 at 9:03 am
Very interesting article, as are some of your other posts. I have bookmarked your great site for future visits.