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Sense Of Congress Regarding Bonuses Paid By AIG And Other Companies Receiving Federal Assistance

Floor Speech

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Date:
Location: Washington, DC

SENSE OF CONGRESS REGARDING BONUSES PAID BY AIG AND OTHER COMPANIES RECEIVING FEDERAL ASSISTANCE -- (House of Representatives - March 19, 2009)

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Mr. SCALISE. Mr. Speaker, I am angered. The American people are angered. But they are not just angered by what is going on with these bonuses at AIG, they are also angered at what is going on right here in Washington, DC, and in this Capitol by people who helped create this mess.

For those of us who voted against the bailout and who voted against the stimulus bill, we are equally angered not just at the bonuses, but also at the fact that this language was inserted into the stimulus bill.

Senator Chris Dodd, the chairman of the Senate Banking Committee himself said this language, protecting AIG bonuses, was put in the bill because of a request from the White House.

We deserve to know who at the White House knew about that, who at the White House asked for this language to be put in protecting AIG bonuses. And now that people are rightly angered across the country, they are trying to cover themselves with this language in this resolution which is part of this coverup.

If Secretary Geithner knew that this language was going to be inserted and he helped direct it in there, he needs to resign. But the President needs to answer these questions to the American people who are rightfully angered about what is happening.

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