The unpopular but necessary bailout package has been passed, and it will now recede into the background for the rest of the campaign season, right?
Not a chance.
The presidential candidates may be turning to new lines of attack, but the bailout bill is still red meat for plenty of congressional challengers, who are are spinning the $700 billion legislation in TV spots across the country.
John Gard, the GOP challenger in Wisconsin's 8th Congressional District, has been running an ad decrying the bailout plan since Sept. 26, several days before the House voted initially to reject the legislation. In the spot, Gard attacks his opponent, Rep. Steve Kagen, for supporting tax increases and then criticizes the bailout, saying that "Washington's got it wrong again" and implying that Kagen is part of that equation. Even though Kagen twice voted against the financial rescue bill, Gard campaign strategist Mark Graul credits his candidate with coming out against the proposal early on.
Other candidates and committees are sticking by the sports maxim that the best defense is a good offense. In Oregon, the National Republican Senatorial Committee is doing its best to spread the blame for the politically volatile legislation. Sen. Gordon Smith, R-Ore., voted for the bailout, while his Democratic opponent Jeff Merkley publicly opposed it; but on Thursday the NRSC began running "Bad Bet" (subscription), which tries to link Merkley to the bailout he opposed. The TV spot alleges that Merkley presided over deficit spending as speaker of the state House of Representatives. The ad continues by saying that, "just like Washington, Merkley borrows the money and mortgages our future."
"Jeff Merkley can come out against the bailout package all he wants, but it won’t change his record," said Mary-Sarah Kinner, NRSC deputy press secretary, in an e-mail. "We believe it’s important to warn voters against sending Merkley’s reckless economic record to Washington to fix the problems we currently have -- he will only make things worse."
For his part, Merkley fired back today with an ad linking Smith to the bailout and the Bush tax cuts.
Rep. Jim Marshall of Georgia's 8th district, is another incumbent with the bailout albatross around his neck. The Georgia Democrat, however, hopes to parlay his unpopular vote into an example of his ability to make tough choices in the face of criticism. In a new ad, "Economic Rescue" (subscription), he explains to his constituents why he voted in support of the bill.
"I approve this message because you elected me to do what's best for America," Marshall explains from his perch on the edge of a desk. "Not what's easy."
Doug Moore, a Marshall campaign spokesman, said the ad was designed to be "straight" with constituents who are unhappy with the congressman's support of the bill.
“He’s not 40 years old, and this is not what he wants to do with the rest of his life," Moore said. "I know it sounds trite, but even though it might cost him personally, he’s going to do the right thing.”