Bachmann wants oil drilling linked to Wall Street bailout
U.S. Rep. Michele Bachmann, R-Minn., says she's still not on board with the Bush administrtaion's $700 billion plan to stabilize the nation's financial sector.
But Bachmann is also trying to link the Wall Street bailout with her push for expanded oil drilling. Bachmann and other Republicans are urging President Bush to allow oil companies to drill in currently closed areas of Alaska and the Gulf of Mexico. She says that would help offset the financial impact of the bailout.
"They will give billions of dollars in revenue to the federal government and state governments," Bachmann said.
Bachmann's DFL challenger in the 6th district, Elwyn Tinklenberg, says the attempt to tie oil exploration to the financial stabilization plan is an incredible distraction and a disservice to those who are seeking real solutions.
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