| Republican U.S. Sen. Saxby Chambliss
blamed what he called "a failure of Democratic
leadership" for the defeat of a sweeping financial bailout
bill on Capitol Hill.
Speaking to reporters in Atlanta Tuesday, Chambliss said he
would have voted for the recovery proposal. He said it contained
safeguards for taxpayers that the initial plan did not.
The House rejected the plan 228-205 Monday, with Democrats and
Republicans voting against it.
Chambliss also said the Bush Administration fumbled the plan's
rollout, scaring voters with a high $700 billion price tag and
labeling it a Wall Street bailout.
Chambliss is up for re-election next month. He faces Democrat
Jim Martin.
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