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Posts Tagged ‘reform’

Statement on Financial Regulatory Reform

Congress is preparing to debate financial regulatory reform legislation authored by Senator Chris Dodd. I voted against the original government bailout of Wall Street, and I am fully committed to protecting our tax dollars from being used to rescue failed institutions from their own mistakes.

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CBO Director Doug Elmendorf: “the [CBO] has not thoroughly examined the reconciliation proposal…”

Below are a few excerpts from the Congressional Budget Office’s score of H.R. 4872, the Reconciliation Act of 2010.

Continue reading CBO Director Doug Elmendorf: “the [CBO] has not thoroughly examined the reconciliation proposal…”