Tim Ryan said "the politically unpopular, but economically necessary TARP legislation, engineered by the Bush Administration, and the Recovery Act, by the Obama Administration, averted, and I quote what you said earlier, 'an extraordinarily severe downturn, perhaps a Great Depression.'" @ PoliticalQuotes.com

On the recordFebruary 1, 2012

the politically unpopular, but economically necessary TARP legislation, engineered by the Bush Administration, and the Recovery Act, by the Obama Administration, averted, and I quote what you said earlier, 'an extraordinarily severe downturn, perhaps a Great Depression.'

Said by

Tim Ryan

Democratic · Ohio

Source

congress.gov

Editor's note · Context

Ryan defends TARP and the Recovery Act as crucial to preventing a depression.

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