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Keyword: automotivebailout

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  • Don’t Forget the Other Multi-Billion Dollar Spending Bill Being Debated This Week

    09/24/2008 3:30:22 PM PDT · by Fox_Mulder77 · 5 replies · 341+ views
    Heritage Foundation ^ | September 24, 2008 | Steve Keen
    With the debris from the current financial storm still swirling, Congress must not overlook the other massive spending bill speeding its way through Congress. As a result of Congress’s stubborn refusal to fulfill their constitutional responsibility to fund the government (not passing a single appropriations bill this session) they must now pass a continuing resolution (CR) to avoid a government shutdown. Unfortunately, instead of crafting a well thought out clean bill, Congress predictably larded it up with billions of dollars in false “emergency” spending, and believe it or not, even included a multi-billion dollar bailout of privately owned automotive companies....