Some lawmakers who voted "yes" say they still have reservations.

Hawaii's two house delegates first voted "no" on Monday's version, then both voted "yes" today -- drawn to added tax benefits for the middle class but still wary about oversight for wall street.


What was a three page white house proposal went through a capitol hill buffet line to come out with 451 pages of tax breaks, credits and incentives on top of the 700 billion dollars the treasury wanted for the financial industry.


Representative Neil Abercrombie says, "I warned these guys right straight through this bill is not going to get at fundamentals. People watching stock market are looking at a yoyo."

So why vouch for it?

Hirono and Abercrombie say the senate's take it or leave it bill included a must-do to benefit Hawaii -- improved alternative minimum tax provisions that keep taxes in check for tens of thousands in the Islands.

Mazie Hirono says, "I voted for the bill because it did have a number of very important elements that help our middle class families and our taxpayers."

Also on the plus side they say, tax credits for solar energy, plug in hybrid electric cars, ethanol and biofuel facilities that could directly help hawaii's clean energy initiatives.

Also, a boost in backing at the bank -- 250,000 dollars of insurance per bank account instead of the 100,000 dollar FDIC limit previously in place.

"Clearly it would provide disincentives for people who feared their money was not going to be safe in the bank."

Asked will it crack down on the loose wall street dealings that underpin the crisis...


"No not even close but that's the only bill we were allowed to have the alternatives were forbidden to us."

Still a problem to work out... will this bill be enough to tame wall street, boost main street and protect {show kids} sesame street -- the generations of future taxpayers ahead who could shoulder this burden if it doesn't payoff as planned.

"And I really thought that we could strengthen the payback provision to make taxpayers whole."

"We're gonna have to come back here after election and deal with underlying fiscal difficulties,"says Abercrombie.


On Monday's first-pass vote when it failed, those voting "yes" had received an average 231,000 dollars in campaign contributions each from the financial industry.