Claim: Does the financial regulatory bill put an end to taxpayer-funded bailouts? Or does it "institutionalize" them? Viewers of the Sunday political talk shows and recent C-SPAN clips from the Senate floor might well be wondering, as Democrats  and some Republicans  have made these contradictory claims. No piece of legislation can guarantee that a future Congress won't allow the federal government to prop up a failing financial institution.
Fact-check: The Bailout Bill? - FactCheck.org
Verdict: does the financial regulatory bill put an end to taxpayer-funded bailouts? or does it "institutionalize" them? viewers of the sunday political talk shows and recent c-span clips from the senate floor might well be wondering, as democrats  and some republicans  have made these contradictory claims. no piece of legislation can guarantee that a future congress won't allow the federal government to prop up a failing financial institution.
Organisation: FactCheck.org
Author: Lori Robertson
Date published: 2010-04-21T18:32:57