S 896. (Housing loans modification) Thune of South Dakota amendment that would prohibit the Treasury Department from reusing funds returned by financial institutions as part of the housing bailout/On agreeing to the amendment
senate Roll Call 179
May 05, 2009
|
|||
|
|||
This vote was on an amendment by John Thune, R-S.D., that would prohibit the Treasury Department from reusing funds returned by financial institutions who received that funding as part of the housing bailout, known as TARP. Instead, the money would be paid back into the treasury and TARP’s spending authority would be reduced by an equal amount. The amendment was offered to a bill that would make the application process easier and loosen eligibility requirements for a $300 billion foreclosure prevention program enacted to help blunt the impact of the economic downturn. |
|||
Issue Areas:
|
To find out how your Members of Congress voted on this bill, use the form on the right.
Find your Member of
Congress' votes