Tarp One News Today

Hearing from our constituents and craig, if you were sitting with me, with my constituents this morning, what you would have heard is this. we want the spending cuts to take place. we want to make certain that the non-defense discretionary is cut even further because of all the accelerated spending that took place through t.a.r.p. one, son of t.a.r.p., grandson of t.a.r.p., stimulus. youve got to cut out this out of control spending. >> many issues supported by republicans. >> we want to cut, we...

Largely, you know, republican districts and blue dogs retiring or getting defeated and that this hyper partisan congress of mostly newcomers will be there three years or less, are less likely to go along with the traditional arguments of the business leaders, jamie dimon and others, saying you have to do something about the fiscal cliff. this is more like tarp one when we look at the debt ceiling and some of the other things. depending on who is elected president. >> i think thats possible. and ...

Bipartisan as part of it. shaping up to be a full-on shootout. today republicans taking aim -- ♪ -- >> -- at the democrats plan. understandably. also blasting the treasurys ability to take over and dismantle giant companies at risk, as the latest example of government overreach, we can debate that, although it doesnt prevent too big to fail. republicans say it sends the wrong message to wall street and will just lead to more bailouts. take a listen. >> it will lead to endless taxpayer bailouts...

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