Neil

GOP weekly address: No company is “too big to fail”

Republicans say they're not trying to block the financial overhaul bill, they just want to make sure it will end taxpayer bailouts of financial institutions.

(AP) Republicans say they're not trying to block the financial overhaul bill.

     

Senator Kay Bailey Hutchison says they just want to make sure it would end taxpayer bailouts of financial institutions.

     

In the party's weekly radio and Internet message, she said

Democrats and Republicans should agree that no company should be considered "too big to fail."

     

And she said taxpayers should never again be asked to bail out companies that, in her words, "made risky financial bets with other people's money."

     

Hutchison said "political games" shouldn't be allowed to derail efforts to get the nation's economy "back on track."

     

Senate Democrats have set a test vote Monday on the legislation to tighten federal oversight of the financial sector.

 

 

Thanks for making WYMT-TV your source for news and information.  We appreciate your trust.

God Bless America!
 
Neil Middleton <><
WYMT Mountain News
Appreciate Freedom – Thank a Vet!

Follow me on Twitter

Read More Blogs
Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability