RSC To Hold Emergency Meeting On Bailout Legislation

By Daniel W. Reilly

(The Politico)  The conservative Republican Study Committee has called an emergency meeting for Monday evening to discuss pending bailout legislation.

Home to many staunch fiscal conservatives, the RSC will likely have plenty to say about the legislation, which has an estimated $700 billion price tag.

RSC Chairman Rep. Jeb Hensarling told USAToday Monday he was “skeptical, fearful and unconvinced” by the administration’s proposal so far.