U.S. taxpayers on the hook for Portugal bailout

op-ed | Rep. Cathy McMorris Rodgers

Why are we bailing out other countries?

Portugal seeks bailout, Europe debt crisis spreads - AP

Business | admin

If the bailout is granted Portugal will become the third EU nation to receive one

Court won't stop Fed from revealing loan data - AP

Business | admin

The Supreme Court decided on Monday not to stop the release of Fed documents identifying financial companies that received loans to survive the financial crisis

Obama budget 'reschedules' delivery of USPS profitability - TheDC

US | Alexis Levinson

USPS gets short-term relief from Obama’s 2011 budget, but some call it a bailout

The International Monetary Fund is living large at U.S. taxpayers' expense

Feature:Opinion | Matt Kibbe

IMF bailouts encourage reckless behavior and enrich IMF bureaucrats.

Issa spars with committee members over procedures in first Oversight hearing - ABC

Politics | Chad Brady (admin)

Rep. Darrell Issa’s first Oversight Committee hearing on bailouts and the foreclosure crisis started with a bout over procedure

Cantor: 'No bailout of the states' - The Hill

Politics | interns

Rep. Eric Cantor opposes bailing out states as part of his push against deficit spending

GOP plans to probe financial crisis - AP

Business | admin

The Oversight and Government Reform Committee will investigate bailouts and the foreclosure crisis on Jan. 26

Local and state governments shouldn't be bailed out

Opinion | Ray Hartwell

Irresponsible state and local governments should pay for their mistakes with their own money.

Backdoor bailout for Bank of America - TheDC

Politics | Amanda Carey

Why the fine Bank of America paid to Fannie Mae and Freddie Mac is really a backdoor bailout

A ton of bailed-out banks are on the brink of collapse - Business Insider

Business | wrahn

98 American banks that received $4.2 billion in bailout money are teetering on the edge of collapse

Treasury will sell Citi shares, expects profit - WSJ

Business | interns

U.S. looks to sell last of its Citi common shares

Unions fare better than taxpayers in GM stock sale - Washington Times

Business | Chad Brady (admin)

UAW recoups most of what GM owed it – putting it far ahead of taxpayers, who have recouped little, and old investors, who have received nothing

E-mails could implicate others in Waters trial - NYT

Politics | interns

The e-mails show that Waters’ chief of staff was actively engaged in discussing with committee members details of a bank bailout bill

Ireland asks EU for bailout - AP

World | wrahn

Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan

TheDC Opinion: GM selling at a loss should tell you something - TheDC

Opinion | Iain Murray

The government may re-nationalize General Motors

Cost to bailout Fannie, Freddie could double - WSJ

Business | interns

If the economy enters a double-dip recession the companies could cost taxpayers an additional $124bn on top of the $135bn already spent

Morgan Stanley exec. tapped for State Department job - Washington Times

Politics | interns

Morgan Stanley executive Thomas R. Nides nominated for Deputy Secretary of State

Wall Street bailout returns 8.2% profit beating Treasury bonds - Bloomberg

Business | Chad Brady (admin)

The government has earned $25.2 billion on its investment of $309 billion in banks and insurance companies, an 8.2 percent return over two years

'Depression, no depression' - The Hill

Business | Chad Brady (admin)

Bush defends bailout of financial firms