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Upper Midwest Delegation Votes 6-2 As $700 Billion Financial Industry Bailout Sails Through Senate

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The United States Senate voted 74 to 25 Wednesday night, in support of a revised bill that would, in part, fund $700 billion in a ‘rescue’ of the financial industry.

The Upper Midwest delegation voted 6 to 2 in favor of the bill, with Democrats Russ Feingold and Tim Johnson being the region’s only dissenting members. Feingold and Johnson were two of only nine Democrats (along with Independent Bernie Sanders of Vermont) who voted against the legislation.

On Monday, in response to the House defeat of similar legislation, Feingold stated:

“(N)egotiators should offset the cost of the proposed bailout so that taxpayers don't get saddled with it. There are plenty of proposals out there that can be considered, including asking Wall Street to bear at least some of the cost. Second, negotiators should add meaningful provisions to help families facing foreclosure. This is more than just a matter of fairness - the housing crisis is the root cause of the credit market collapse, and unless we address it, any rescue package is far less likely to work. Finally, negotiators must address the deeply flawed regulatory structure that paved the way for this crisis.?

Eight-one percent of Democrats who voted (39 of 48) were in favor of the bill – along with Joe Lieberman (I-CT) – compared to just 69 percent of Republicans (34 of 49).

Of the 30 incumbents running for re-election this November, 10 voted against the measure, including 44 percent of Republicans (8 of 18): John Barrasso (R-WY), Thad Cochran (R-MS), Elizabeth Dole (R-NC), Michael Enzi (R-WY), Jim Inhofe (R-OK), Pat Roberts (R-KS), Jeff Sessions (R-AL), and Roger Wicker (R-MS).

Of the 12 Democrats running for re-election in 2008 only two voted ‘nay’: South Dakota’s Johnson and Mary Landrieu of Louisiana.

Voting Yes
Charles Grassley (R-IA)
Tom Harkin (D-IA)
Norm Coleman (R-MN)
Amy Klobuchar (DFL-MN)
John Thune (R-SD)
Herb Kohl (D-WI)

Voting No
Russ Feingold (D-WI)
Tim Johnson (D-SD)

Previous post: Election Profile: Iowa's 1st Congressional District (2008)
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Remains of the Data

No Free Passes: States With 2 Major Party Candidates in Every US House Race

Indiana has now placed candidates from both major parties on the ballot in a nation-best 189 consecutive U.S. House races, with New Hampshire, Minnesota, Idaho, and Montana also north of 100 in a row.

Political Crumbs

Gubernatorial Highs and Lows

Two sitting governors currently hold the record for the highest gubernatorial vote ever received in their respective states by a non-incumbent: Republican Matt Mead of Wyoming (65.7 percent in 2010) and outgoing GOPer Dave Heineman of Nebraska (73.4 percent in 2006). Republican Gary Herbert of Utah had not previously won a gubernatorial contest when he notched a state record 64.1 percent for his first victory in 2010, but was an incumbent at the time after ascending to the position in 2009 after the early departure of Jon Huntsman. Meanwhile, two sitting governors hold the record in their states for the lowest mark ever recorded by a winning gubernatorial candidate (incumbent or otherwise): independent-turned-Democrat Lincoln Chafee of Rhode Island (36.1 percent in 2010) and Democrat Terry McAuliffe of Virginia (47.8 percent in 2013).


An Idaho Six Pack

Two-term Idaho Republican Governor Butch Otter only polled at 39 percent in a recent PPP survey of the state's 2014 race - just four points ahead of Democratic businessman A.J. Balukoff. Otter's low numbers reflect his own struggles as a candidate (witness his weak primary win against State Senator Russ Fulcher) combined with the opportunity for disgruntled Idahoans to cast their votes for one of four third party and independent candidates, who collectively received the support of 12 percent of likely voters: Libertarian John Bujak, the Constitution Party's Steve Pankey, and independents Jill Humble and Pro-Life (aka Marvin Richardson). The six candidate options in a gubernatorial race sets an all-time record in the Gem State across the 46 elections conducted since statehood. The previous high water mark of five candidates was reached in seven previous cycles: 1902, 1904, 1908, 1912, 1914, 1966, and 2010.


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