McHugh, Gillibrand face "crap sandwich"
John Boehner, leader of the House Republicans, reportedly called the Wall Street bailout a “crap sandwich.”
But it also appears that he plans to vote for the $700 billion deal.
With a vote pending, it seems certain that North Country congressmembers Kirsten Gillibrand (D) and John McHugh (R) will both vote in favor of the unpopular deal.
The next question is whether it will haunt them on the campaign trail.
McHugh faces a truly long-shot challenge, so the bailout isn’t likely to affect his chances in November.
Gillibrand on the other hand faces a high-profile challenge from Republican Sandy Treadwell.
Can Treadwell capitalize on public dissatisfaction with Wall Street welfare?
It won’t be easy. So far, the two appear to agree — in broad terms — that the bailout was necessary.
Here’s the key passage from a story reported by WNYT, Channel-13.
“I’m just concerned and hope this isn’t a sweetheart deal for the people who got us into this mess,” [Treadwell} said.
Treadwell thinks stepping in is necessary to prevent further problems, but that change must come on the heels of the cash.
“Special interests have so much control over Washington and special interests fought hard for as little oversight as possible,” Treadwell said.