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DeMint: Senate Vote Against Countrywide Investigation “Shameful”

June 20, 2008

DeMint: Senate Vote Against Countrywide Investigation “Shameful”

Congress Should Know Where Billions in Bailout Are Going

Washington, D.C. – Today, U.S. Senator Jim DeMint (R-South Carolina) made the following statement after the Senate rejected, by a vote of 11-70, an investigation into how much taxpayer dollars will be given to Countrywide Financial and other lenders through the housing bill bailout. Five senators voted present.

“It is shameful when 70 senators oppose investigating how much taxpayer money will go to a company that tried to give favors to politicians,” said Senator DeMint. “A lot of people clearly want to rush this bill through, and this vote is going to make people wonder how many others in Congress have something to hide.”

“Today Senators decided to sweep the entire cloud of corruption hanging over this bill under the rug and pretend there is nothing wrong.”

“The Senate just voted to blindly pass a bill without any understanding of how hundreds of billions of taxpayer dollars will be spent. Americans are so tired of waste and corruption, but today’s vote was ‘hear no evil, see no evil… just pass the pork’.”

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