Published 3/17/2009
by Domenico Montanaro
at First Read
From NBC’s Ken Strickland While praising the President Obama 's effort to recover millions of dollars in bonuses given to AIG executives, Senate Republican Leader Mitch McConnell suggested the Treasury Department could have done more two weeks ago, before it agreed to give AIG another $30 billion bailout.
In a short speech on the Senate floor, McConnell asked, "Wouldn't the Treasury and the taxpayer have had more leverage over AIG's executive contracts before providing another $30 billion in taxpayer money rather than allowing the bonuses to be paid with taxpayer money?"
He added, "I certainly expect them to look for every possible legal way to live up to the pledge made yesterday on behalf of taxpayers."
...( read more )
(link)
Tags:
Related Content
Senate to explore taxing controversial AIG bonuses
politicalticker.blogs.cnn.com 3/17/2009 — WASHINGTON (CNN) — Senate Democrats want to tax the controversial bonuses doled out to AIG employees who work for the division that led to the company's downfall.
Senate Majority Leader Harry Reid announced on the Senate floor Tuesday that the ...
Tax'Em
eschatonblog.com 3/17/2009 — Wonder if this will actually go through. Senate Majority Leader Harry Reid announced on the Senate floor Tuesday that the tax-writing Senate Finance Committee will pursue a legislative fix in such a way that the "recipients of those bonuses will not ...
Congressional Favorability Ratings
rasmussenreports.com 3/16/2009 — Sixty percent (60%) of U.S. voters now have an unfavorable opinion of House Speaker Nancy Pelosi, including 42% Very Unfavorable, according to a new Rasmussen Reports national telephone survey. A growing number of her doubters seem to be fellow ...
Congress: Hold the line —
First Read 3/17/2009
"The long-running battle between Senate Majority Leader Harry Reid (D-Nev.) and Sen. Tom Coburn (R-Okla.) over the Public Lands Act moved one step closer to a conclusion Monday evening, as the Senate voted 73-21 to cut off debate over the omnibus ...