The Conversation: Should Obama Tax Bailed Out Banks?

ABC's Dan Harris and Jake Tapper look at Obama's controversial proposal.

ByABC News
January 12, 2010, 12:36 PM

Jan. 12, 2010— -- The Obama White House is considering a tax to recover as much as $120 billion in bailout money from the financial institutions that were rescued by the government.

ABC's Dan Harris talks to Jake Tapper about the possibility of a bank tax. Did the White House try to take banks by surprise with this possible tax? Is this a move from the White House to gain popular support? Will this tax proposal pass Congress? Plus, a peak at the digs from where Jake works at the White House. All this and more in today's Conversation.