Reaction to the House passage of a $700 billion bailout bill to stabilize the U.S. economy and financial system.

"Inaction is not an option, if we do nothing, it won't just mainly be Wall Street employees that lose their jobs, but more workers in Michigan and around the country." — Rep. Sander Levin, D-Royal Oak.

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"While I still hold some reservations about this bill, I do believe that action is more important than perfection. My vote today reflects my view that a solution is the most important end game for our economy and for families throughout Oakland County." — Rep. Joe Knollenberg, a Republican from Oakland County's Bloomfield Township.

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"The bill Congress passed today is not a bailout of Wall Street, but rather a plan to protect Main Street, to help families, workers, students, and taxpayers from the consequences of allowing the financial industry to continue its meltdown." — Rep. Vernon Ehlers, R-Grand Rapids.

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"Main Street America may not feel it right now, but in the coming days and weeks I am convinced that the credit squeeze will begin impacting the lives of employers and employees throughout the state." — Rep. Pete Hoekstra, R-Holland.

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"This bill was far from perfect. But the clock was running down and there was precious little time to diffuse the financial ticking time bomb that could destroy our economy for years to come." — Rep. Dave Camp, R-Midland.

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"If Congress does not do something soon, we possibly face an economic Armageddon the likes of which we have not seen since the Great Depression. Since I voted against the first version of this bill, the stock market has dropped a net of over 500 points and over one trillion dollars in total value." — Rep. Carolyn Cheeks Kilpatrick, D-Detroit.

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VOTED YES

"Unconscionably we have rushed to misjudgment and approved a $700 billion Wall Street Bailout the American people know is intrinsically unfair to them." — Rep. Thaddeus McCotter, R-Livonia.

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"I still do not believe that it is prudent for the government to put at risk $700 billion of taxpayer's money on a plan whose outcome is uncertain." — Rep. Candice Miller, a Republican from Macomb County's Harrison Township.

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"The question is not 'should we do something,' but 'how we should do it.' The frantic push for only this single Wall Street plan will not serve America in the long run." — Rep. Mike Rogers, R-Howell.

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"I cannot in good conscience vote for this Wall Street bailout, knowing that it will likely be followed up with even more requests for funding in the months to come. It is not part of our northern Michigan values and not the way we should be doing business." — Rep. Bart Stupak, D-Menominee.

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"I cannot support putting future generations of Americans in debt to pay for this expensive band aid that will not solve our long-term economic problems." — Rep. Tim Walberg, R-Tipton.

VOTED NO