Prominent Oklahomans back financial rescue plan

OKLAHOMA CITY (AP) - Oklahoma's U.S. senators were divided tonight when the Senate voted on a $700 billion financial industry bailout package.

Republican Sen. Tom Coburn voted for it and fellow Republican Sen. Jim Inhofe voted against it. The Senate passed the measure by a wide margin, 74-25.

The Senate took up the bill a few hours after 16 Oklahoma business and education leaders joined together to urge members of Oklahoma's congressional delegation to act immediately to pass a plan to address the nation's worsening economic crisis.

State Treasurer Scott Meacham also called for quick congressional action on a new plan to rescue the nation's failing financial markets.

Following the vote, Inhofe said his constituents and business leaders in Oklahoma say they are hesitant to pay for mistakes by others.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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