Sessions voted in lockstep with ITI in favor of the America Competes Act; the U.S.-Peru Free Trade Agreement; comprehensive energy legislation; and a Senate Finance Committee tax extender package, which included a provision to expand the research and development tax credit for two years. But Sessions voted against the financial bailout package. At the time, Sessions issued a statement saying government "can and should be part of the solution, but we should tailor its role to have maximum benefit with minimal market interference." He called the Obama administration's plan well-intentioned but said it represented "unprecedented governmental intervention in the economy." "Its enactment will be a signal to the world that America has turned its back on the free market," Sessions said.