COSTELLO VOTES NO ON BAILOUT BILL

“I Have Not Been Convinced That This Solves the Problem”
Washington -Congressman Jerry Costello (D-IL) today issued the following statement regarding his vote against the $700 billion financial bailout bill considered by the U.S. House of Representatives:
“I voted against this unprecedented bailout because we are moving too quickly to rush this proposal through and have not adequately considered other approaches to solving the problem of bad debt and tight credit.