A $789B Stimulus Bill, What's in It for Me?

Congress and the American taxpayer are becoming increasingly wary and weary of the massive bailout plans, especially after reports Wednesday of widespread fraud among corporations and multimillion-dollar bonuses to top-level employees of banks that needed to be rescued by taxpayers.

"Boy, it landed with a thud in the markets and was not well received on Capitol Hill," ABC's chief Washington correspondent George Stephanopoulos told "Good Morning America."

"If the administration were to come forward today and ask for new money for banks... there is no way it would pass," Stephanopoulos said. "What they're hoping is that over time for the next several weeks and months, what they announced this week will start to work and that will ease public opposition and congressional opposition to what they want to do."

-- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083. -- This embed didnt make it to copy for story id = 6862083.
Page
  • 1
  • |
  • 2
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...