On the recordFebruary 23, 2009
We had bad news--the taxpayers overpaid, by $78 billion, for some of these instruments.
Source
congress.govWe had bad news--the taxpayers overpaid, by $78 billion, for some of these instruments.
Capuano discusses taxpayer losses due to financial instruments.
Share & report
More from Mike Capuano
But, you know, come on, 8 years? Eight years. And we are not talking about small, unimportant things.
If your bosses told you to do something and you didn't do it for 8 years, how long do you think you would be employed?
I think we are the laggards in this, I was speaking for the United States and our financial system.
The fact is China launched this trade war against us in the year 2000, right after two-thirds of Democrats voted against giving China most favored nation status.