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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)

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Remains of the Data

Plurality-Winning Governors Elected At Century-Long High Water Mark

The rate of gubernatorial candidates elected without the support of a majority of voters is at its highest level since the 1910s.

Political Crumbs

Seeing Red

Congressman Nick Rahall's failed bid for a 20th term in West Virginia this cycle, combined with a narrow loss by Nick Casey to Alex Mooney in Shelley Moore Capito's open seat, means that West Virginia Democrats will be shut out of the state's U.S. House delegation for the first time in over 90 years. The Republican sweep by two-term incumbent David McKinley in the 1st CD, Mooney in the 2nd, and Evan Jenkins over Rahall in the 3rd marks the first time the GOP has held all seats in the chamber from West Virginia since the Election of 1920. During the 67th Congress (1921-1923) all six seats from the state were controlled by the GOP. Since the Election of 1922, Democrats have won 76 percent of all U.S. House elections in the Mountain State - capturing 172 seats compared to 54 for the GOP.


Home Field Advantage?

When the 114th Congress convenes in a few days, Maine will be represented by one home-grown U.S. Representative: Waterville-born Republican Bruce Poliquin. With the departure of Millinocket-born Mike Michaud, who launched a failed gubernatorial bid, the Pine Tree State was poised to send a House delegation to D.C. without any Maine-born members for the first time since 1821. Three-term U.S. Rep. Chellie Pingree (born in Minnesota) coasted to reelection as expected, however Poliquin edged Kentucky-born Emily Cain by 5.3 points to keep the streak alive. Since 1876, a total of 208 of the 222 candidates elected to the nation's lower legislative chamber from the state have been born in Maine, or 94 percent.


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