Buying Off Voters (Rep. Jason Chaffetz)

Last week 99 House Democrats voted against President Barack Obama and House Speaker Nancy Pelosi’s position on the TARP by siding with House Republican members, and arguably the American electorate.

H Res. 3 passed overwhelmingly in the House by an astounding 270-155. Were it not for the United States Senate, the second round ($350 billion) in additional federal spending would have been rightly blocked.

Rep. Barney Frank, chairman of the House Financial Services Committee, said, “This is kind of a big public opinion poll for the House.” He’s right. The House is the Peoples’ House and the concept of spending our way out of our current financial troubles was soundly rejected by a majority of the people’s Representatives.

Most concerning for the Democrats is the reality that 99 of their own members knew that voting in favor of bailout funding, by the hundreds of billions of dollars, is a problem with voters back home.

How disingenuous will members of Congress be who opposed the release of the additional TARP funds, yet will vote in favor of money for “economic recovery?” You simply can’t have it both ways.

In the 2010 cycle, the Democrats voting in favor of the stimulus may pay a heavy price for supporting this stimulus boondoggle.

I, for one, am opposed to the “Nancy Pelosi stimulus” because I don’t believe it will fix the problem. I am in favor of the Republican Study Committee’s alternative bill, entitled "Support Families Through Tax Relief." It provides comprehensive tax relief to America’s working families. It doesn’t allocate any federal money for earmarked projects which Democrat economists concede may not create a single additional job.

The corporate American Express Card is maxed out and asking for an increase in the credit line so that Uncle Sam can go back out shopping will not solve the problem.