A Project of The Annenberg Public Policy Center

Bailout Bonuses Are Back

A TV ad in Arizona’s 1st Congressional District and a mailer in Ohio’s 15th both accuse Democratic candidates of voting to give out huge Wall Street bonuses. That’s way overblown. The American Recovery and Reinvestment Act, also known as the stimulus bill, included less stringent restrictions on bonuses than those in an earlier version of the legislation, but that’s hardly the same as handing out bonuses.

The Arizona ad, funded by the National Republican Congressional Committee, says that Rep.

Democratic Bailout Baloney

At least five freshman Democratic House members are running ads claiming they voted against the bank "bailout," when in fact none was in Congress when the bill setting up the Troubled Asset Relief Program, or TARP, was enacted.

Mary Jo Kilroy says she "voted against the bank bailout."
Kathy Dahlkemper says she voted "against a bailout that helped Wall Street."
Frank Kratovil claims to have cast his vote in opposition to "the big bank bailout."
Dina Titus’