Posted on 03-10-2008
Filed Under (politics) by clees3161

Mel Watts said that he liked the idea of the FDIC insurance coverage has increased from $100,000 to $250,000 and said that this would help stabalize the economy and calm fears. The rescue part of the bill remained unchanged and Mel Watts had voted for that last time too.

Mel Watts said the other stuff that has been added to the bill (read PORK) are things that he voted for before so he has no problem with the added Pork Barrell spending. As usual I might add. Mel Watts says that the bailuot bill addresses the main concerns of the administration including major oversight to the spending.

Mel Watts also discussed in his press release the phased spending that so many in the house and senate thought was important. They don’t want Paulsen to just spend all this money whimiscally.

Mel Watts is a congressman from North Carolina

Random Posts

    Read More   
Post a Comment
Name:
Email:
Website:
Comments:
Resources - Link Exchange