January 14th, 2009
02:30 PM ET
11 years ago

Growing GOP opposition to additional $350 billion in bailout funds

WASHINGTON (CNN) - Barack Obama is not only having trouble getting fellow Democrats to give him the remaining $350 billion dollars in financial bailout funds.

Now he has a growing Republican problem.

Some half a dozen Republican Senators who voted for the financial rescue in the fall tell CNN that they plan to oppose it this time.

“I think it would be very difficult voting for the TARP funds because in the first $350 billion, there was no transparency. We don’t even know how it was spent,” Nevada Republican Sen. John Ensign told CNN.

Ensign said he believes most Senate Republicans will oppose approving the rest of the bailout funds.


Filed under: Congress • stimulus plan