H.R. 384

Bill Information
Key Votes on H.R. 384
Roll Call
About The Keyvote

The $700 billion in Wall Street bailout funds authorized by TARP was a bad policy in its own right, and the actual use of those funds has been even more troubling. The "TARP Reform and Accountability Act" fails to adequately protect these taxpayer funds or safeguard how they are being used. This motion to recommit would have stopped the unused $350 billion in TARP funding from being spent at all, and would have forced the Treasury Department to submit a repayment plan for those bailout funds which have already been spent.