TARP Elimination. H.J.Res. 45 (Roll Call 2)
The Senate defeated an amendment
eliminating the Troubled Asset Relief Program (TARP) and lowering the debt ceiling by
the amount of TARP funds repaid. ACU opposed TARP from the beginning and
supported this amendment. Although a 53-45 majority of the Senate voted to eliminate
TARP on January 21, 2010, under Senate procedures 60 votes were required.