Bailout of Fannie and Freddie Could Double
Lisa Murkowski Supported Bailouts Could Cost Taxpayers More than $1 Trillion
Anchorage, Alaska. October 22, 2010 -- Joe Miller, the Republican nominee of U.S. Senate, made the following statement today in response to media reports that the latest projections by the companies' regulator that the bailout may be $363 billion, more than double what the Treasury has injected into the companies.
"Lisa has supported bailouts (TARP, Fannie & Freddie) that could cost the American taxpayers more than $1 trillion. I'm sure those votes made Lisa very popular with her lobbyist friends and bankers on Wall Street, but voters here on Main Street know that it's our children and grandchildren who will be paying for this for generations to come. In the 8 years that Lisa has been in the Senate the national debt has more than doubled. It's time for Lisa to come back to Alaska before she does any more damage to our economy and our future."
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