Bailout Bill Heads For Senate Vote

    and this is more than likely where you and the rest of the taxpayers will get screwed, thanks to Senator Harry Reid.

  This bill will have a few add-ons, one being the increase in the FDIC insurance from 100k to 250k. That is the better part. The worst part?

    Politico

Many Democrats were already upset that Republicans and the White House had watered down their effort to require Treasury to impose a fee on Wall Street transactions in five years to help recoup any taxpayer losses. The expanded Senate package envisioned now would compound this loss by adding a set of tax breaks that also will add billions to the deficit without the "pay-fors" many fiscally conservative Democrats want.  ( my emphasis )

  So why are we now going to give some more tax breaks to business?

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