54% Say ‘No’ To All Bailouts
Bailouts, bailouts everywhere, and not an end in sight.
Bailouts, bailouts everywhere, and not an end in sight.
Democratic leaders promised their congressional colleagues they would give them 48 hours to read the 1,000-page long $789-billion economic stimulus plan before they had to vote on it.
Americans are a little more confident now than late last year about how much money the federal government has left in the bank – even as Congress and the Obama Administration plan to spend hundreds of billions more of taxpayer dollars.
Fifty-two percent (52%) of Americans say it is very likely that a large amount of taxpayer money in the proposed bank bailout plan and the new economic recovery plan will be wasted, due to inadequate oversight by the government.
While the Obama Administration is pledging up to $2.5 trillion in support for the troubled U.S. financial system, 56% of Americans oppose giving bankers any additional government money or any guarantees backed by the government.