Can the Government Give Itself a Bailout?

Looks like the federal government is going to need a bailout of its own pretty soon. According to this Associated Press article, ultra wealthy investors who lost fortunes in Bernard Madoff’s alleged Ponzi scheme could end up costing the government some $17 billion in lost tax revenue.

Who is Obama going to tax now to fund his multi-hundred billion dollar “recovery” plan?

Explore posts in the same categories: Other News, Politics

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