News item: 13 firms receiving federal bailout owe back taxes
You heard it right, folks. More than a dozen firms receiving billions of dollars in bailout money from the Obama Administration owe a total of $220 million in unpaid federal taxes.
That bit of information comes from Rep. John Lewis, D-Ga., chairman of a House subcommittee overseeing the federal bailout.
"This is shameful. It is a disgrace," Lewis told the Associated Press. "We are going to get to the bottom of what is going on here."
There's no need to get to the bottom of it, Congressman Lewis. Barack Obama said the other day "the buck stops here" when it comes to negligence and incompetence in his administration.
How soon can we start the impeachment hearings?
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