Press Releases
Luetkemeyer Opposes Tax Increases to Cover Up Administration's Approval of AIG Perks; Supports Real Solutions to Protect Taxpayers and Recover Squandered Bailout Money
Washington, DC,
March 19, 2009
U.S. Rep. Blaine Luetkemeyer (MO-9) issued the following statement on his vote today against legislation that raises taxes to try and cover up the Administration's support for AIG bonuses contained in the so-called stimulus package:
U.S. Rep. Blaine Luetkemeyer (MO-9) issued the following statement on his vote today against legislation that raises taxes to try and cover up the Administration’s support for AIG bonuses contained in the so-called stimulus package: “It is a disgrace that the very same people who hastily approved a massive spending bill they knew contained $165 million in taxpayer-financed bonuses for AIG executives are now trying to cover it up with false outrage and tax increases. I am also extremely troubled that this bill opens the door for selective government taxation of individuals, which is constitutionally questionable at best. I co-sponsored legislation to force 100 percent of the money to be paid back immediately, but the majority – the ones that allowed this situation to happen in the stimulus – is now trying to recoup only 90 percent of the money. With this legislation, the Administration and liberal majority in Congress who created this mess are leading us down the dangerous path of creating a political economy.” Luetkemeyer is a co-sponsor of the following legislation that was denied a vote on the House Floor:
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