The Corner

Dr. “No” Would Have Voted “Yay”

CQ TODAY ONLINE NEWS

Sept. 29, 2008 – 3:20 p.m.And What Does He Think Now?By Catharine Richert, CQ Staff

The Senate’s notorious “Dr. No” said before the House rejected the $700 billion financial bailout bill Monday that he would likely vote for it.

That may come as a surprise to lawmakers who are used to Tom Coburn, a nay saying Republican from Oklahoma, who consistently blocks and votes against big spending bills. He fancies himself a lone voice for fiscal responsibility in Washington.

The bailout, however, is different.

“We don’t have a choice as a country,” he said, but added, “I don’t like the fact that we’re going to have to do this.”

The comments came shortly before the bailout plan (HR 3997) failed in the other chamber. Before the vote, Coburn said he thought it would be “irresponsible” of his House colleagues “if in fact we don’t pass this and we see a big market crash.”

Apparently people back in Oklahoma feel the same. Coburn says local bankers are concerned about the possibility of a larger economic meltdown if Congress doesn’t do something.

Most Popular

The Secret Life of Joe Biden

In a classic episode of Seinfeld, Jerry is accused by his new girlfriend, a police officer, of being a fan of the tacky 1990s soap opera Melrose Place. When Jerry lies and denies it, she suggests putting him on a polygraph to find the truth. In an effort to beat the machine, Jerry seeks the advice of his ... Read More

The Secret Life of Joe Biden

In a classic episode of Seinfeld, Jerry is accused by his new girlfriend, a police officer, of being a fan of the tacky 1990s soap opera Melrose Place. When Jerry lies and denies it, she suggests putting him on a polygraph to find the truth. In an effort to beat the machine, Jerry seeks the advice of his ... Read More
National Security & Defense

Jared Kushner Was Right

Over the past several years, a new certainty was added to death and taxes: Jared Kushner would fail in his role as the administration’s Middle East point man. It caused considerable merriment among President Donald Trump’s critics (and even some of his well-wishers) when he put his son-in-law in charge of ... Read More
National Security & Defense

Jared Kushner Was Right

Over the past several years, a new certainty was added to death and taxes: Jared Kushner would fail in his role as the administration’s Middle East point man. It caused considerable merriment among President Donald Trump’s critics (and even some of his well-wishers) when he put his son-in-law in charge of ... Read More

The Consequences of Biden

If you have decided that another four years of Donald Trump would be intolerable, and the prospect of four more years of the dysfunctional Trump circus in the White House fills you with dread, fine. But approach the prospects of a Joe Biden presidency with clear eyes and no illusions. Electing Biden would move ... Read More

The Consequences of Biden

If you have decided that another four years of Donald Trump would be intolerable, and the prospect of four more years of the dysfunctional Trump circus in the White House fills you with dread, fine. But approach the prospects of a Joe Biden presidency with clear eyes and no illusions. Electing Biden would move ... Read More
Media

How American Journalism Died

In 2017, the liberal Shorenstein Center on Media, Politics, and Public Policy at Harvard University found that 93 percent of CNN’s coverage of the Trump administration was negative. The center found similarly negative Trump coverage at other major news outlets. The election year 2020 has only accelerated ... Read More
Media

How American Journalism Died

In 2017, the liberal Shorenstein Center on Media, Politics, and Public Policy at Harvard University found that 93 percent of CNN’s coverage of the Trump administration was negative. The center found similarly negative Trump coverage at other major news outlets. The election year 2020 has only accelerated ... Read More

The Last Days of Robin Williams

After Robin Williams hanged himself in 2014, the media speculated that financial troubles or depression related to drug or alcohol use might have been the cause. Without discussing those topics, Williams’s widow, Susan Schneider Williams, is eager to set the record straight and does so in Robin’s Wish, a ... Read More

The Last Days of Robin Williams

After Robin Williams hanged himself in 2014, the media speculated that financial troubles or depression related to drug or alcohol use might have been the cause. Without discussing those topics, Williams’s widow, Susan Schneider Williams, is eager to set the record straight and does so in Robin’s Wish, a ... Read More