http://www.culbersonforcongress.com Culberson for Congress Release RSS feed. . Copyright 2005, Culberson for Congress Tendenci Membership Management Software by Schipul - The Web Marketing Company en-us noemail@culbersonforcongress.com Wed, 08 Sep 2010 10:42:05 GMT Release http://www.culbersonforcongress.com/en/rel/101/ Congressman John Culberson announces his strong opposition to $700 billion Wall Street bailout package. Congressman John Culberson released the following statement today voicing his strong opposition to the Paulson-Pelosi $700 billion Wall Street bailout. The $700 billion Paulson-Pelosi bailout forces Americans to choose between bankrupting our children or big Wall Street banks. The revised plan was just released a few hours ago, and while it contains some oversight, eliminates golden parachutes for bad actors, and creates an investment banking insurance program for the future, the bottom line requires me to oppose it. This bailout will saddle our children and grandchildren with at least $700 billion in new debt on top of the existing $9.8 trillion national debt. It will double the budget deficit overnight, and it will lead to additional bailouts as the multi-trillion dollar credit default pyramid scheme... http://www.culbersonforcongress.com/en/rel/101/ noemail@culbersonforcongress.com Mon, 29 Sep 2008 02:00:00 GMT