Posted on December 11, 2014
Pelosi: I Am 'Enormously Disappointed' In White House For Pushing Omnibus Bill, 'This Is Blackmail'
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REP. NANCY PELOSI: This is a ransom. This is blackmail. You won't get a bill unless Wall Street gets its taxpayer coverage. So it's really so sad that something as -- which I respect enormously the appropriation process, because it's hard. There's so many competing calls on resources, so much that we have to try to invest in the American people, their health, their education, the economic stability, their family, the air they breathe, the water they drink, and how we fund all of that. And I have some questions about some of that in this bill. But the fact is it's all a compromise. And it could have been a good compromise. So whatever members choose to do, and I'm enormously disappointed that the White House feels that the only way they can get a bill is to go along with this and that would be the only reason they would sign such a bill that would weaken a critical component of financial system reform aimed at reducing taxpayer risk. Those are the words in the administration's statement. I feel sad for the American people today we are saying in order for us to invest in the education of our children and all of the responsibilities we have to the American people, we have to pay off Wall Street and in addition to that -- I don't paint everybody there with the same brush. What I am saying is the taxpayer should not assume the risk.
Entities 0 Name: American Count: 3 1 Name: White House Count: 1 2 Name: Pelosi Count: 1 3 Name: NANCY PELOSI Count: 1 Related 0 Url: http://ift.tt/1wDCITM Title: John Boehner Claims There's No 'Wall Street Giveaway' In Omnibus Bill Description: Posted: WASHINGTON -- House Speaker John Boehner (R-Ohio) scrambled Thursday to defend a plan to subsidize risky Wall Street derivatives trading. The controversial provision of a bill to avert a government shutdown has sparked tremendous pushback from Democrats. House Minority Leader Nancy Pelosi (D-Calif.)
