Page 16 - Motion To Recommit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ends. >> i thank you very much. look, the point is very simple. there are inequities in the present way we distribute insurance, the way we distribute health care. there are winners and there are losers. the winners are the insurance industry. and our efforts to reel in the insurance profits not just because they shouldn't make profits, they're doing what they're supposed to. but what they're doing is driving up taxes, they're driving our economy into the ground, and we need competition and choice to deal with that. that's what this legislation does. and the motion to recommit undermines it. a...

Whose main job it is to keep the banks healthy. we have found them to do a lousy job. the republican proposal was to take all of those agencies that are doing a bad job and have them come together as a counsel, who would then do a bad job. but the thing on the republican's financial reform here is the key. the answer is, when they got serious, no, they unanimously voted, the republicans in the house, for zero additional regulation. no more regulation of derivatives. no more diminution. we could tell the power under which the federal reserve gave money to aig. section 133 of the federal reserve...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Would cut subsidies to oil companies. republicans ultimately will defeat this and stand in unity because they want their version of a budget fix to go forward. it's usually what you see the majority party always tries to defeat the motion to recommit. so what you'll see essentially is this passed the house today, it's $4 billion. it's a two week budget fix. it will go to the senate and harry reid said it will be passed within the next 48 hours. so essentially what we're going to see is a temporary $4 billion in cuts to the current fiscal year 2010 budget which will then expire on march 18th an...