After the severe bank crash of 2008, in order to guard against future such crashes, Congress passed the Dodd-Frank law, which enacted regulations that the Senate would now weaken. The CBO says the “Bank Lobbyist Act” raises the risk of a banking system crash.
Fat Cats Push Big Benefit Cuts, Prompt Time-Tested Tax Hikes
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Since the onset of the greed-is-good era, and even more so with the clamor over the “fiscal cliff,” some fat cats have been pushing hard to cut benefits to the old, the disabled and the poor from the big public…