Manzullo Criticizes Bailout on Chicago Public Radio

WBEZ-FM, Chicago Public Radio interviewed 16th District Congressman Don Manzullo yesterday about the massive bailout plan. Manzullo serves on the Financial Services Committee that Democrat Barney Frank chairs.

Here is part of the WBEZ story:

“…That’s caused pause among many lawmakers, including Republican Congressman Don Manzullo from north western Illinois.

MANZULLO:

“I mean, if you’re going to have a bailout, let’s take the time to debate this thing. You know, let’s not push it down our throats after one or two days.”

“Manzullo sits on the Committee on Financial Services in the House. He’s worried there aren’t enough restrictions on how the Treasury Department would use the money. He also says the situation is prime for lawmakers to try and add their own amendments to the bill.

MANZULLO:

“I mean, everybody wants to have this and that and it ends up being a Christmas tree where you put your own ornament on there. This is not what you do when you’re trying to stabilize the market.

“Manzullo says the bill should allow the government to fire some executives with companies central to the financial crisis.”


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