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Had Shows Total Ignorance Again     20-Mar-09 09:49 pm    
Had still doesn't realize, even though its been the subject of hundreds of thousands of media coverage this week, that the furor over the AIG bonuses were provisions inserted then deleted from the STIMULUS BILL.

Zaney & Had are great reps of Obabble = total ignorant, can't read, just make up allegations and then never respond when proven time and time and time and time again that they are Wrong again.

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.

The Senate voted last month to block the bonuses at AIG and other companies as part of the $787 billion stimulus bill, but Democrats then watered down the measure allowing them after Treasury Department officials warned that the move could trigger lawsuits against the government.
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centraloma


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Had Shows Total Ignorance Again
centraloma Not rated 20-Mar-09 09:49 pm  
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