Neugebauer says, "These markets kinda got themselves into this jam. A lot of people made loans they shouldn't have, many people borrowed money they shouldn't have borrowed, but a lot of people knew what they were doing here and knew they were putting together these risky securities and I'm just not willing to let the American tax payers have to be on the hook for them."
He tells us he is not alone in his concerns. He says many people from District 19 have called him in D.C. to tell him they do not favor this bill and he says there are House members on both sides, who feel the same way he does. We'll keep you updated on how Neugebauer and others vote as soon as it happens.