2008 Alabama Senate Debate: on Budget & Economy

Jeff Sessions: Bailout well-intentioned, but too much federal intervention

Figures said people are “really finding it harder and harder to make ends meet. Look where we are. We went from a nation in the black to a nation in the red. Now we’re up to trillions of dollars in the red,” she said. “My opponent voted with the president 98 percent of the time.”

But Sessions broke with the Bush administration in voting against the financial bailout bill on Oct. 1. “Though well-intentioned, the administration’s plan represents unprecedented governmental intervention in the economy,” Sessions said in a statement. Sessions said he doesn’t believe in “protecting reckless investors” but supports “maintaining a healthy framework for investment.”

Figures said she doesn’t think anybody will be immune from the financial crisis. Without action by Congress, she said more jobs will be lost.

Vivian Davis Figures: GOP turned nation from surplus to deficit, and jobs get lost

Figures said people are “really finding it harder and harder to make ends meet. Look where we are. We went from a nation in the black to a nation in the red. Now we’re up to trillions of dollars in the red,” she said. “My opponent voted with the president 98 percent of the time.”

But Sessions broke with the Bush administration in voting against the financial bailout bill on Oct. 1. “Though well-intentioned, the administration’s plan represents unprecedented governmental intervention in the economy,” Sessions said in a statement. Sessions said he doesn’t believe in “protecting reckless investors” but supports “maintaining a healthy framework for investment.”

Figures said she doesn’t think anybody will be immune from the financial crisis. Without action by Congress, she said more jobs will be lost.