"I understand that the president-elect wants to move forward ... but I'm not going to be pushed into quick judgment on this, given all the circumstances," said Sen. Ben Nelson, D-Nebraska. "People back home generally didn't want the first go-round and I'm not going to jump out in front of a train on the second one."
Nelson had voted for the first TARP funding.
Republicans and Democrats have said they were upset by how the Treasury Department spent the first allotment of $350 billion.
Those voicing concerns said they don't feel like there was enough accounting for where the money went. Some Democrats also said homeowners facing foreclosure aren't getting enough help.
Obama made clear that he doesn't want to issue a veto as one of his first actions in office, but he insisted that he has no choice, the senators said. - CNN Story
Of course he has a choice. Go to the American People and explain your plan for the money. Tell us what you want to do and how it is going to be accounted for. The problem is we keeping throwing money at the problem with no results except paying huge salaries and allowing these companies to continue on with business as usual.
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