Housing Bailout Bill Bad for Budget and Economy
Congressman Michael C. Burgess (R-Texas), M.D., today voted against the housing bailout package saying:
I've read the Constitution. No where does it say that the federal government has a responsibility to reward speculators or people who make irresponsible spending decisions.
During a time of economic uncertainty and rising deficits, we should be controlling expenditures not finding new ways to spend money we don't even have. That's exactly what this bailout bill does.