House Passes Bill to Punish A.I.G. Bonus Recipients

Spurred on by a tidal wave of public anger over bonuses paid to executives of the foundering American International Group, the House voted 328 to 93 on Thursday to get back most of the money by levying a 90 percent tax on it.

The measure easily surpassed a procedural hurdle requiring a two-thirds majority vote, thanks to considerable Republican support. The Senate will consider a roughly similar measure, perhaps next week. If something is approved ... Full Story »

Posted by Fabrice Florin

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Review

Fabrice Florin
3.5
by Fabrice Florin - Mar. 20, 2009

Informative report on a hotly debated measure, which fairly presents the perspectives of Democrats and Republicans in Congress. Conspicuously absent, though, are the views of A.I.G and the bonus-recipients who are being taxed by this bill. Otherwise, the article is factual, reasonably well sourced and provides useful context.

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Fabrice's Rating

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