From Deseret News archives:
Matheson and Bishop vote against bailout
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Matheson added that passing the bailout "is just chapter one in a long process." He added, "I will ask Congress to take hard look in January when we return to look at the underlying causes of what happened," and how to fix them long-term.
Cannon earlier this week said he supported the bailout because he sees it as "necessary to get our frozen economy back on track."
Bennett, who had been a chief negotiator on the bailout, praised the House for passing it on Friday.
"I applaud the House of Representatives for rising to the occasion and doing what is in the best interest of the country," Bennett said. "The 1.2 trillion loss in the stock market on Monday (when the House originally defeated the package) served as a stark reminder of the severity of this crisis."
Bennett added, "This bill is not the answer to all of our economic problems, but is a critical step in the right direction to stabilize our credit market and restore confidence so ordinary American can keep their businesses open, collect paychecks and obtain loans."
How they voted:
• Bishop: No
• Matheson: No
• Cannon: Yes
E-mail: lee@desnews.com
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