Vote Description

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.

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