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CONGRESSMAN HANK JOHNSON
Georgia's Fourth Congressional District

Statement of Rep. Hank Johnson on Opposing the Second Wall Street Bailout Bill

October 3, 2008

WASHINGTON -- Congressman Hank Johnson today released the following statement after Congress’ vote on the economic bailout bill:
“Without giving serious thought to workable alternatives, I simply cannot support a bill that further burdens the taxpayer and does nothing to address the economy from the bottom-up. Like every American, I know that we must find a way to fix Wall Street and protect our nation’s economy.  I remain deeply frustrated that the President’s bill which I voted against, for the second time in less than a week, was the only option on the table.”

“I remain in agreement with many of the greatest economic minds in the country that there are alternatives to this acutely flawed bill -- yet none of those alternatives were even considered.  In a debate as serious as this, I find it profoundly disturbing that there was one, and only one, option.”