Editing Orrin Hatch (section)

==== Bailouts ====
Hatch voted in favor of the [[Emergency Economic Stabilization Act of 2008|2008 legislation]] that established the [[Troubled Asset Relief Program]] (TARP).<ref>{{cite web |url=http://www.govtrack.us/congress/vote.xpd?vote=s2008-213 |title=Senate Vote On Passage: H.R. 1424 [110th&#93;: Emergency Economic Stabilization Act of 2008 |publisher=Govtrack.us |date=October 1, 2008 |access-date=January 22, 2012 |archive-url=https://web.archive.org/web/20120118084225/http://www.govtrack.us/congress/vote.xpd?vote=s2008-213 |archive-date=2012-01-18 |url-status=live }}</ref> In 2011, Hatch said that he "probably made a mistake voting for it", and also claimed "at the time, we were in real trouble and it looked like we were ready for a [[economic depression|depression]]. I believe we would have gone into a depression."<ref>{{cite news|first=Chris|last=Cillizza|url=http://voices.washingtonpost.com/thefix/hatch-says-bailout-vote-averte.html|newspaper=[[The Washington Post]]|title=Hatch tells CPAC that bailout vote averted depression|location=Washington DC|access-date=January 1, 2012|archive-date=January 12, 2012|archive-url=https://web.archive.org/web/20120112043558/http://voices.washingtonpost.com/thefix/hatch-says-bailout-vote-averte.html|url-status=dead}}</ref>
He voted against the renewal of TARP in 2009, and the renewal was voted down by 10 votes in the Senate.<ref>{{cite news |last1=Karl |first1=Jonathan |title=Obama Wins $350B Senate TARP Vote |url=https://abcnews.go.com/Politics/Economy/story?id=6654133&page=1 |access-date=26 April 2022 |work=[[ABC News (United States)|ABC News]] |agency=[[ABC News (United States)|ABC News]] |publisher=Walt Disney Television |date=15 January 2009}}</ref>

Hatch voted in favor of the [[Housing and Economic Recovery Act of 2008]].<ref>{{cite web |url=http://thomas.loc.gov/cgi-bin/bdquery/z?d110:HR3221: |title=Bill Summary & Status – 110th Congress (2007–2008) – H.R.3221 |publisher=Thomas (Library of Congress) |access-date=January 22, 2012 |archive-url=https://web.archive.org/web/20121212130525/http://thomas.loc.gov/cgi-bin/bdquery/z?d110:HR3221: |archive-date=2012-12-12 |url-status=live }}</ref> The bill authorized $300&nbsp;billion to guarantee mortgages and restore confidence in [[Fannie Mae]] and [[Freddie Mac]].<ref>[[Housing and Economic Recovery Act of 2008]]</ref>