Bonus Battle

House Approves 90 Percent AIG Tax

Are the bonuses coming back? The Associated Press is reporting that the House has passed a bill to impose a 90 percent tax on AIG bonuses, 328 to 93. Nancy Pelosi said "We want our money back and we want our money back now for the taxpayers." Republicans criticized the bill as a “legally questionable ploy to paper over Obama administration missteps.”