Four days ago, Congress put final approval on a long term one-trillion dollar funding bill, the main item on the year's agenda. The measure provides money for nearly the entire government through September 30, 2015.
But the spending bill has plenty of critics, including Democratic Senator Elizabeth Warren, who called it "the worst of government for the rich and powerful.”
Pittsburgh Congressman Mike Doyle voted against the bill and explains that he did so because it contains “egregious provisions,” including a rider that allows banks to make risky investments that are FDIC insured, thus putting taxpayers at risk for private investment. Citigroup actually wrote the terms of the provision, Doyle emphasizes.
Doyle also objected to another provision dealing with campaign finance that would allow larger-than-ever amounts of political contributions. Doyle especially takes issue with these riders because they have sidelined “a bill that you have to pass or the government shuts down.”
