Thursday, March 19, 2009

Cover Your Ass and Pass the Buck Act of 2009

From the Hill,
The House voted overwhelmingly Thursday to use the tax code to retrieve $165 million in bonuses that were paid out by the bailed-out insurer AIG.
And GT?  After expressing his outrage at AIG in a press release, he voted no.

Now GT will tell you that he is a co-sponsor of an alternative bill to recoup the bonuses for the US Treasury. How exactly would that bill have achieved the goal? It would have told the Treasury,"Hey, do something." Seriously, that's it. I think the informal name for the bill was the Cover Your Ass and  Pass the Buck Act of 2009.

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