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11-20-2009, 07:51 PM #1
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Dems fight over funds left from bailout
Dems fight over funds left from bailout
Victoria McGrane Victoria Mcgrane
Fri Nov 20, 5:01 am ET
Congressional Democrats could be careening toward a head-on collision with the White House over $200 billion in leftover bailout money — money that Republicans think should simply be returned to taxpayers.
The Treasury Department is pushing for fiscal prudence and wants to use the money to pay down the deficit and keep a small rainy-day fund in case of economic catastrophe.
But Democrats are salivating over the possibility of $200 billion in unspent money.
House Democratic Caucus Chairman John Larson of Connecticut wants dough to fund job-creation legislation. Massachusetts Rep. Barney Frank, the powerful chairman of the House Financial Services Committee, wants to direct $2 billion of repaid Troubled Asset Relief Program funds to loans for unemployed homeowners so they can avoid foreclosure. House Speaker Nancy Pelosi of California admits that “there’s a good bit of interestâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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11-20-2009, 08:07 PM #2
What a bunch of friggin' vultures!
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11-20-2009, 08:27 PM #3
The TARP money should go back to the taxpayer. It never should have been done in the first place. If they dont give it back it will end up wasted or missing or something. If they give it to anyone they should give it directly to the taxpayer. It would at least stimulate the economy. If it goes to "programs" and "small business" it will end up missing. No one will know who received it or what it was spent on. What happened to all those shovel ready projects and the jobs that was going to create. Promises and excuses.
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11-20-2009, 09:08 PM #4AprilGuestOriginally Posted by Hylander_1314
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11-20-2009, 09:34 PM #5Originally Posted by April
Just thinking about young impressionable minds that may be viewing.
Otherwise my post would have looked more like this:
THOSE FILTHY@##!& and ^%&#* AND FURTHERMORE, THOSE F*#$)(* IN WASHINGTON NEED TO &^%* THEMSELVES!!!!!!!!!!!!!!!!!!!!!!!!!!!
Sooooooooooooooo. As I was saying, I was thinking about others, and not wanting to offend.
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