Friday, May 29, 2009

36 Congressmen Ask Obama to Return Authority Over Auto Bailout to Congress--But White House Says Its Not Over-Reaching Its Power

CNS News reports:
A bipartisan coalition of 36 members of the House of Representatives--including 30 Republicans and 6 Democrats--has sent a letter to President Obama asking him to return to Congress its constitutional legislative authority to oversee the bailout of the auto industry.

In December, Congress failed to pass a bill authorizing a bailout of Chrysler and General Motors. President Bush and now President Obama, however, proceeded with a bailout process even without legislative autority. That process has cost the taxpayers billions of dollars and given the Executive Branch unilitaral and unprecedented authority to control what happens to the two major auto companies.

Great moments in lawlessness.