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Pelosi: 'We Don't Have The Votes' To Pass Bailout Without GOP'

House Speaker Nancy Pelosi said Friday she does not have the votes to pass the bailout if House Republicans refuse to support it.

“We don’t have the votes to do it on our own,” Pelosi told reporters.

Pelosi said many House Democrats still have strong reservations about the bill, especially if it does not include bankruptcy protections or does not include a way to pay for the massive $700 billion price tag.

A group of Democratic “skeptics” met Friday afternoon to discuss alternatives to the package.

Pelosi acknowledged that at first glance, the bill was “very unpopular” among the American people. However, Pelosi highlighted new polling data stating that the majority of Americans favor some form of government intervention to calm jittery financial markets. 

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