WASHINGTON -- Wisconsin's congressional delegation fractured on Monday as members of the U.S. House voted down the Wall Street bailout package promoted by President George W. Bush.

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The delegation split -- five in favor and three against -- but not along party lines.

Voting in support of the $700 billion package were Democratic Reps. David Obey, Ron Kind, Gwen Moore and Tammy Baldwin, and Republican Rep. Paul Ryan. Voting against were Republicans Reps. Jim Sensenbrenner and Thomas Petri, and Democratic Rep. Steve Kagen.

Bush urged passage of the compromise in order to "keep the crisis in our financial system from spreading" throughout the economy.

Prior to the vote on Monday afternoon, Ryan took to the House floor to urge his colleagues to support the plan.

"We're here. We're in this moment. And if we fail to do the right thing, Heaven help us. If we fail to pass this, I feel the worst is yet to come," Ryan said on the floor.

After the plan was voted down, three Wisconsin representatives issued statements.

Ryan expressed deep disappointment Monday on Congress' failure to address the current financial crisis. He said that the current situation presents "grave financial challenges" for the country.

"With an election looming, my colleagues in Congress thought first and foremost of their own jobs at the expense of the jobs of those they serve. I could not and did not accept last week's proposal by the Bush administration -- an administration that totally mishandled this situation. But instead of pointing fingers and standing idly by -- as would have been the politically expedient thing to do -- I worked to secure concrete protections for the taxpayer," Ryan said.

Baldwin said that she thinks the plan would have offered a stepping stone.

"This legislation was a first step in addressing inadequate regulation, lax enforcement, limited oversight and unrestrained greed of corporate executives. It would have taken a positive step to provide additional help to those facing foreclosure," she was quoted as saying.

Kind said that he too thought the proposal had positive attributes.

"I supported this plan because I felt we were able to put enough protections, oversight, and transparency measures in place to ensure taxpayers would be reimbursed for their investment at the end of the day," he was quoted as saying.

He said that Congress must come back together to avoid an "economic meltdown."

The House is expected to meet again on Thursday, but no agenda has been announced, WISC-TV reported.

Stay tuned to WISC-TV and Channel 3000 for continuing coverage.