On Demand
Headlines
- Cold Weather Crop: Watermelon Radishes
- Financial 411: Never Believe The Hype
- Study Pinpoints Pollutants That Cause Asthma
- To Lure Crowds, Retailers Mark Down Necessities
- New NYC Program Aims to Identify HIV Infections Early
- More
- Reining In Tailgate Parties A Challenge For Colleges
- Official: Blast May Have Caused Train Wreck
- Russia Train Derailment Leaves 22 Dead
- More
- White House: State dinner crashers met Obama
- Police chief: Woods' wife helped after accident
- Dubai debt problems cast shadow over region
- More
News
New Jersey Congressman Explains Why He Changed His Bailout Vote
by Isaac-Davy Aronson
NEW YORK, NY October 03, 2008 —"If at first you don't succeed, try, try again."
Congressmembers put that adage into action and passed the financial industry bailout plan in a vote of 263 to 171, a reversal of Monday's stunning defeat.
Among those who changed their minds is New Jersey Democrat Bill Pascrell, who says the Senate's revisions improved the bill.
PASCUE: There's a lot of junk in there unfortunately the senate put it in there the way they wrote it out but I have to look for the greater good. To me the greater good was voting for it after I watched that credit market. It just became obvious to me that we had to do something and we had to do it quickly.
REPORTER: However, another New Jersey Congressman, Scott Garett, voted against the bailout for a second time.
Of the four members of New York's delegation who voted against the first bailout plan, only upstate Republican John Kuhl changed his mind, and voted "yes."
Vote 2009
WNYC provides analysis of the characters and debates of those running for mayor, comptroller, public advocate, district attorney and City Council. Share your election story or gripe and post your comments on the news blog.
More
Financial 411
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 weekdays which is available via podcast, with highlights from the day and a preview of what you can expect tomorrow.
More
Main Street NYC
WNYC is following five blocks over the next year to see how the economic downturn is being experienced on the street level.
More
Uncommon Economic Indicators
The Brian Lehrer Show is keeping a close eye on how the economy is affecting the little things in daily life. Share your stories and photos of the downturn.
More