The House rejected the $700 billion bailout bill yesterday, designed to aid troubled financial institutions, by a vote of 205 to 228.
Five Virginia House Republicans and one Democrat voted against the bailout measure. The five Republicans were Reps. J. Randy Forbes, 4th district, Thelma Drake, 2nd district, Virgil Goode, 5th district, Bob Goodlatte, 6th district and Rob Wittman. The Democrat was Rep. Robert C. Scott, 3rd district.
Three Virginia House Republicans and two Democrats voted for the bailout: Rep. Tom Davis III, R-11th, Rep. Frank Wolf, R-10th, Rep. Jim Moran, D-8th, and Rep. Rick Boucher, D-9th. Rep. Eric Cantor, R-7th, who also voted for the bill, said he was “very disappointed” with the results and blamed House Speaker Nancy Pelosi for failing to include more measures that would have helped taxpayers.
Virgil H. Goode, Jr., who represents Charlottesville and Albemarle, voted against the $700 billion bailout. He is running against Democrat Tom Perriello for the 5th District Congressional seat in this fall’s elections.