Maine senators on losing end of bailout debate

Posted Dec. 12, 2008, at 9:29 a.m.

PORTLAND, Maine — Maine’s two senators were on the losing end of a vote in Washington that prevented the Senate from considering a $14 billion emergency bailout for U.S. automakers.

The roll call vote killed the effort to give federal financial aid to the struggling automakers. The bailout effort collapsed after a partisan dispute over union wage cuts derailed a last-ditch effort to revive the emergency aid before year’s end.

Maine’s Republican senators, Olympia Snowe and Susan Collins, voted in favor of continuing discussions on the package. But supporters fell short of the 60 votes that were needed to advance the bill in the Senate.

Following the vote, Snowe said she was disappointed in the outcome and that it’s in the nation’s best interest to move forward and forge a bipartisan solution to the crisis.

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