Topic: Newsmax
A March 17 Newsmax article by Jim Meyers begins:
Democratic Sen. Christopher Dodd on Monday criticized the bonuses given to executives of American International Group Inc. and suggested that the government could tax the recipients to recoup some or all of the payouts.
But it was Dodd who inserted language in the $787 billion stimulus bill that exempts the bonuses from taxation.
In fact, as Media Matters details, Dodd's amendment actually limited AIG bonuses, and it did not provide an exemption from any limits on bonuses agreed to before February 11.
Posted by Terry K.
at 12:33 AM EDT
