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Blunt: 'It's Not a Bailout'
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10/03/08 07:03 AM ET
House Minority Whip Roy Blunt (R-Mo.) tried to allay taxpayer concerns over the rescue package.
"It's not a bailout, it's a situation where American taxpayers are going to invest money in a way that ensures that they'll have a return," he said.
He noted the bill's provision that requires the president to come up with a plan to recoup any lost money due to the program after five years.
"It's not a bailout, it's a situation where American taxpayers are going to invest money in a way that ensures that they'll have a return," he said.
He noted the bill's provision that requires the president to come up with a plan to recoup any lost money due to the program after five years.
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