Is Bailout Constitutional?
By Jeff Watkins
October 4th, 2008 - 6:24pm ET
Popular This Week
Study Shows "Center-Right Nation" Narrative Spiked Immediately After Election Day
Stripping Paulson of His Remaining Power & Money
You Might Also Enjoy
Rangel: Obama Aides Sending Pro-NAFTA Expansion Signals
These Giants May Fall: Deadbeat Auto Execs Jet Into Storm
According to our Constitution, all appropriation bills must start in the House of Reps. So, here is my question and thought. Is the bailout bill that started in the Senate Constitutional?
The original bailout bill was defeated in the House. The Senate essentially took a dead bill and revised it, so basically they created a new appropriations bill. The proper thing for the Senate to have done would to make suggestions to a House finance committed of proposed changes, and let the House revise and vote on the new bill first. So my contention is that this new bailout bill can be contested on Constitutional grounds. Of couse there is probably several loopholes that the Senate took advantage of, buy I cannot figure out what they could be.


Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati

