Georgia's three U.S. Senate candidates faced off in their final debate last night. Republican Senator Saxby Chambliss is battling for a second term against a stronger-than-expected challenge from Democrat Jim Martin. The candidates clashed over economic policies.
The candidates faced off against a rotating panel of four journalists at the Atlanta Press Club debate, held at Georgia Public Broadcasting's Television studios in Atlanta, Nov. 2, 2008. (Dave Bender)
Chambliss who voted for the 700 billion dollar financial rescue package said he won't support a proposed second economic stimulus plan backed by Democrats. "Just saying that we need take another 300 billion dollars to distribute around the country will not get us out of this problem," said Senator Chambliss.
Jim Martin responded, "How outrageous... Saxby Chambliss economics is taking care of people at the top. We need to take care of the middle class and that's what this stimulus package would do."The two candidates also traded spars over whether banks are using the bailout money effectively. Martin brought up criticisms that the money is being used by larger banks to buy smaller banks and to pay dividends to shareholders. Chambliss said it's acceptable for larger banks to buy smaller ones that are loaded with toxic loans, and challenged Martin to name one bank that was paying out dividends to no avail.
Libertarian candidate Allen Buckley also participated in the debate. He said both candidates would do little to nothing to address the larger economic picture--the burgeoning national deficit which is his main issue.
The latest polls show a tight race between Martin and Chambliss with neither candidate clenching a majority. If that bears out on election day, a run-off would ensue.
(Dave Bender)
Hear the entire debate tonight on GPB radio at 8:00 p.m.
