House Republicans Remark on Bailout Bill

REP. ADAM H. PUTNAM, R-FLA., CHAIR, HOUSE REPUBLICAN CONFERENCE: We are obviously disappointed that this bill was unable to muster the necessary votes to pass. We remain committed to working on a bipartisan basis to bring a bill to the floor that will garner the necessary votes to avoid a financial collapse.

I was disappointed that a process that over the last several days has yielded a bipartisan product, involved negotiators from both sides of the building and both sides of the aisle, took a very marked partisan turn at the end of the debate, which was very different than the rhetoric that we heard out of Chairman Frank or Leader Hoyer or our leader, John Boehner.

And with that, I'd like to introduce our leader who's been at the -- from the earliest stages of this committed to working with both sides of the aisle to produce a product that is good for America.

John Boehner?

REP. JOHN A. BOEHNER, R-OHIO, HOUSE MINORITY LEADER: Americans are angry, and so are my colleagues. They don't want to have to vote for a bill like this, and I understand that.

But I have concerns about what this means for the American people, what it means for our economy, and what it means for people's jobs. I think that we need to renew our efforts to find a solution that Congress can support.