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-   -   Dems fight over funds left from bailout (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/dems-fight-over-funds-left-bailout-25625/)

Guest 11-20-2009 08:27 AM

Dems fight over funds left from bailout
 
Quote:

"Congressional Democrats could be careening toward a head-on collision with the White House over $200 billion in leftover bailout money — money that Republicans think should simply be returned to taxpayers.

The Treasury Department is pushing for fiscal prudence and wants to use the money to pay down the deficit and keep a small rainy-day fund in case of economic catastrophe.

But Democrats are salivating over the possibility of $200 billion in unspent money."
How typicle.

Wait a minute. The TD wants to use the money to pay down the deficit?

Isn't that like using one credit card to pay off another? Only in Washington...


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