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* Some Republicans, including Sen. Chuck Grassley of Iowa have pointed out that GM used TARP money to pay back its TARP debt. That’s true, but GM simply handed back TARP money it had been lent and hadn’t used. Those funds had been sitting in an escrow account, should the automaker need them. (The company didn’t borrow new money to pay back an older loan.)
Grassley has argued that this wasn’t a "meaningful" repayment of a loan, since it didn’t come from earnings. That’s an opinion, and we’ll leave it to readers to agree or disagree with the senator.
The House Financial Services Committee finally passed the bill on a straight party-line vote in late May. A month later, the House passed it, 241-182, with only three Republicans in support and 13 Democrats opposed.
Republicans want the ability to add a number of amendments, but Majority Leader Harry Reid (D-NV) has said he would only allow three...
...[Democrats] won't allow other GOP amendments, including the estate tax, nuclear loan guarantees, border security, a government spending cap and the expiring Bush tax cuts.
Originally posted by johnny2127
reply to post by poet1b
You obviously don't read all of what I wrote. I said Clinton was a fairly good President. I gave him credit. You literally are acting like one of the worst partisan people I have ever seen on this site.