NRSC - Paul Hodes Refuses To End TARP Or Use Money To Pay Down Massive National Debt

Pelosi’s Poodle Paves The Way For Democrats’ Next Failed Spending Bill

WASHINGTON – In an important vote in the House of Representatives today, U.S. Representative Paul Hodes (D-NH) voted with Democrat Party leaders against a motion that would have permanently ended the Troubled Asset Relief Program (TARP) and used the money to pay down the national debt.

Hodes’ vote comes days after U.S. House Speaker Nancy Pelosi endorsed the idea of using TARP money to pay for a second “stimulus” bill less than one year after passing their first failed $787 billion bill.

“Instead of standing up for New Hampshire taxpayers and preventing another failed spending bill, Paul Hodes fell right in line with Democrat leaders anxious to continue their tax-and-spend ways,” said National Republican Senatorial Committee (NRSC) spokeswoman Amber Wilkerson Marchand.

 “Paul Hodes’ votes for the Democrats’ bloated budget, the $787 billion stimulus bill, and most recently, the massive government health care takeover have pushed our nation’s deficit to record levels,” Marchand continued. “But when he was given the opportunity today to end this out-of-control spending spree, Hodes instead fell in line with Nancy Pelosi once again.”

 “As he seeks a promotion to the U.S. Senate, there’s no doubt that Hodes’ continued votes for the Democrats’ reckless fiscal policies will be a major issue when the Granite State’s fiscally conservative voters cast their ballots in November,” Marchand concluded.