On the recordJune 17, 2009
Your plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its power to prevent the next crisis.
Said by
Jim Bunning
Source
congress.govYour plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its power to prevent the next crisis.
Jim Bunning critiques the reliance on the Federal Reserve in the proposed plan.
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The unemployment rate as of January 2009 was 7.7 percent. In August of this year, the unemployment rate was 9.6 percent.
How would you grade the bill the Senate passed in the last Congress and the bill that recently passed the House in terms of improving the relationships between the premium property owners pay and their actual risk?