U.S. Rep. John Shadegg (R-Phoenix) and Bob Lord, his Democratic challenger in the 3rd Congressional District, have found common ground in their support of the bailout package that passed the U.S. House Friday and was quickly signed into law by Pres. Bush.
Lord and Shadegg both announced Thursday they supported the revised bill, which supporters say toughens protections for taxpayers but leaves much of the framework of the original proposal in place. Their reasons for endorsing the legislation were remarkably similar on key points, given the hostility that has pervaded the campaign so far.
Shadegg joined 262 other members of Congress in backing the bill, which passed with an overwhelming majority in a vote Friday morning. He voted against the original version, which narrowly lost a House vote Monday due to bipartisan opposition.
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