House Overwhelmingly Approves Tax on AIG Bonuses
March 19, 2009, 2:52 p.m.
The House voted Thursday 328-93 to impose a 90 percent tax on employee bonuses at companies that received federal bailout funds.
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Schumer Advocates for Many on Panel
Nov. 16, 12 a.m.
As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article
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