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Geithner, Bernanke Defend AIG Bailout

If that authority had existed last year, the bonuses wouldn’t have been a problem and AIG’s counterparties could have been required to take a “haircut,— Bernanke said.Geithner said he should have known

Heard on the Hill: Gohmert Won’t Dish

Should he open a restaurant one day during life after Congress, he thinks it’s best if a chef doesn’t reveal his culinary expertise,— Mszar said. You Betcha. When Sens.

We Are Not, or Should Not Be, Amused Right Now

Finally, the increasingly acrimonious debate over whether reconciliation instructions should be included in this year’s budget resolution is a hoot, at least by federal budget standards.

Obama’s Budget Blueprint Faces Knife

Conrad told CBS’ “Face the Nation— he will not include reconciliation in his budget proposal for either health care or climate, arguing that the fast-track procedure should be reserved for deficit

Republicans Adjust Attacks

This should be job No. 1, is dealing with the economy,— National Republican Senatorial Committee Chairman John Cornyn (Texas) said.

Snowe: Reform Plan Should Tackle the Essentials

We have learned from past efforts, and there is broad recognition that while we must reform and improve the system, a reform plan should build on the way coverage is purchased today — using the efficiency

No Pile-On Yet for Geithner to Resign

Several GOP lawmakers have said Geithner should step down, including Sen. Jim Bunning (Ky.) and Reps. Connie Mack IV (Fla.) and Darrell Issa (Calif.).

Boustany: Controlling Costs Is Top Priority

Medical decisions should remain in the hands of patients and physicians, not federal bureaucrats. Patients need useful, reliable information about cost and quality to make informed decisions.