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Republican Plan To End The Bailout Of Fannie Mae and Freddie Mac View the plan here |
12-2-09, Bachus Opposes Democrats’ Permanent Bailout Authority Bill |
December 2, 2009 WASHINGTON - Congressman Spencer Bachus, the top Republican on the Financial Services Committee, made the following statement regarding Committee passage of the Democrats' H.R. 3996, the so-called "Financial Stability Improvement Act."
"The debate was a clear choice between ending the bailouts and creating a permanent bailout regime. I'm disappointed my Democratic colleagues chose to continue the bailouts rather than make those who took the risks bear the consequences of their actions. ### |