FOXNEWS

May 11, 2009

Bachmann Blog : News & Views from Minnesota Congressman Michele Bachmann

Are the States Up Next for a Bailout?

The latest word around Capitol Hill is that Financial Services Committee Chairman Barney Frank’s next big legislative item is to put the full faith and credit of the United States up as a guarantee for state and municipal bonds. In fact, he held a foundation-laying hearing for such legislation just this week.

Bachmann Blog : News & Views from Minnesota Congressman Michele Bachmann

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