stage three "Area Lawmakers Vote Against Bail Out"

The Austin American Statesman published an article by Jason Embry about local politicians' votes on the "rescue plan for the financial markets". Three of four U.S. House members (two democrats, one republican) voted in opposition to the bill. This shows that there is doubt for this plan in both parties. William Isaac, former chairman of the FDIC under Reagan, stated that there are "several steps that the administration could take to calm the markets, such as raising the limit on the amount of deposits insured by the FDIC". Lloyd Doggett believes that there are more "sensible steps" that could be taken (and wouldn't put such a massive tax burden on the population), but that "the treasury secretary is still given pretty unlimited authority".