Rep. Lincoln Diaz-Balart says he's opposed to the new Wall Street rescue plan, saying "American taxpayers should not have to foot the bill for the irresponsible behavior of Wall Street executives.
"The average citizen is forced to play by the rules, yet many who did not now get a massive bailout from taxpayers in this plan," he said in a statement. "This is fundamentally unfair. By bailing out reckless behavior we encourage future reckless behavior."
Diaz-Balart called the legislation "an improvement" over Treasury Secretary Henry Paulson's initial proposal, but says he can "not support a massive bailout for Wall Street firms that does too little to help homeowners stay in their homes and is totally paid for by the American taxpayer, not Wall Street."