Vic Snyder says ... | Arkansas Blog

Thursday, March 19, 2009

Vic Snyder says ...

Posted By on Thu, Mar 19, 2009 at 8:15 PM

U.S. Rep. Vic Snyder was one of only six Democrats, and the only Arkansas member of Congress, to oppose the House resolution to put a 90 percent tax on bonuses paid to execs of bailed out financial companies -- the AIG clawback legislation. His statement:

"During times of universal anger, political fear, and economic uncertainty, our nation deserves a legislative process that results in meaningful and effective solutions to the very complex and serious challenges facing the American people.  It was late last night before the text of this bill was available, there was very limited discussion today, and no time at all for the kind of analysis both in and out of Congress necessary to avoid unintended consequences harmful to our long-term goals of reinvigorating our economy and restoring the American dream.  I am confident that ultimately we will achieve these long-term goals."


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