The common understanding on Capitol Hill--I think this is very fair to say--is that that would be paid to reduce the Federal debt and would be a permanent reduction of the initial $700 billion.
David Vitter: “The common understanding on Capitol Hill--I think this is very fair to say--is that that would be paid to reduce the…”
Editor's note · Context
Vitter discusses the expectation that TARP funds would reduce federal debt.
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Thank you, Senator Inhofe, for those important clarifications to preemption and for another question that is very important to clarify in order to capture the full conngressional intent of the bills preemption section. This Act is intended…
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