Politics & Government

March 22, 2009

After AIG bonuses, Congress sours on more bailouts

Any Obama administration bid to seek more taxpayer money for failing banks will face stiff resistance in Congress, where Treasury Department credibility is ebbing fast and lawmakers are bowing before a constituent revolt. "AIG has become the straw that broke the camel's back. It pushed people off the edge," said Sen. Mary Landrieu, D-La. "Blanket bailouts have been taken off the table," added Sen. Ben Nelson, D-Neb.

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