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Jamie Dupree

Not Afraid To Say No Thanks

By
Jamie Dupree
@ July 17, 2008 12:00 AM
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Congressional Republicans have already made up their minds about how they are going to act the rest of this election year. If they need to throw President Bush under the bus, they will.

That was evident earlier this week, when the House and Senate easily overrode Mr. Bush's veto of a bill that would block a 10.6% cut in reimbursement rates for doctors when they treat Medicare patients.

The House vote on the veto override was 383-41. 153 Republicans voted against Bush there.

The Senate vote was 70-26, with 18 GOP Senators voting to override.

It was the fourth time in nine vetoes that the Congress had mustered the two-thirds super majority needed to make a bill law, and the third time in the last month.

That's what someone working in law enforcement might call a 'clue' or even a 'trend.'

That same mind set is now causing problems for the Bush White House on their plan to make sure mortgage giants Fannie Mae and Freddie Mac don't go down the Financial Drain.

Initially, GOP leaders had reacted favorably to the plan, but when more and more Republicans realized that it ultimately put taxpayers on the hook for catastrophic losses by those two companies, more than a few began to complain loudly and in public.

Both Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson heard some of that at a Senate Banking Committee hearing on Tuesday. Bernanke got more in public at another hearing yesterday, while Paulson got an earful in a meeting with House GOP lawmakers Wednesday afternoon.

Don't be surprised to see GOP rank and file members chart their own course on a number of issues the rest of this year.

They will stick with him on calls for more oil and gas exploration.

But if the winds are blowing the other way on something else, watch out.



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