Political Quotes

On the recordJanuary 7, 2009
At what point do bailed-out liabilities like Freddie and Fannie need to be brought--when do they need to be brought onto the Federal books of the Government?
Said by
Jim Bunning
Republican · Kentucky

Editor's note · Context

Bunning questions the timing for accounting for liabilities from bailed-out entities.

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More from Jim Bunning

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I think there comes a time when you take emergency actions, and if we are in that situation and in a market situation where we need emergency powers, all you have to do is come here and ask.

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