Senate Republicans brake rush to tax AIG bonuses, page 1
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Topic started on 20-3-2009 @ 06:51 PM by David9176
WASHINGTON – Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democratic attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies. Sen. Jon Kyl, the Republicans' vote counter, blocked Democratic efforts Thursday evening to bring up the Senate version of the tax bill to recoup most of the $165 million paid out by AIG last weekend and other bonuses in 2009. The House had swiftly approved its version of the bill earlier in the day. By rushing, Kyl said, Democrats were letting populist outrage trump informed decision making in the Senate, which is supposed to be insulated from the pressures of public passion. "I don't believe that Congress should rush to pass yet another piece of hastily crafted legislation in this very toxic atmosphere, at least without understanding the facts and the potential unintended consequences," Kyl said on the Senate floor. "Frankly, I think that's how we got into the current mess." Senate Democrats said they will try again next week to take up the tax bill and hope to complete it before April 4, when Congress leaves for a two-week spring break. Combining the disparate House and Senate versions of the bill might have to wait until after the recess.

news.yahoo.com...

I don't know who the guy is who did this or what his intentions are...

I'm just thankful that this has stopped our Constitution from being trampled on once again. The whole situation needs to be investigated further.

Mob mentality should not rule.

Defend and support our Constitution.


reply posted on 20-3-2009 @ 07:17 PM by David9176
reply to post by Verd_Vhett



I couldn't agree with you more.

Let's have some dignity in all this....those people who everyone is calling a witch hunt on have families and children.

It's a contract...if it was allowed they have that right to collect...it's unconstitutional otherwise.

Hold Congress and the Executive Branch accountable for this.

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