[Congressional Record Volume 155, Number 46 (Tuesday, March 17, 2009)]
[House]
[Page H3446]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       CONCERNS OVER AIG BONUSES

  (Mr. BUTTERFIELD asked and was given permission to address the House 
for 1 minute.)
  Mr. BUTTERFIELD. Mr. Speaker, like most Americans, I am deeply 
outraged this morning that while millions of people suffer through this 
difficult economy, AIG executives are seeking to take $165 million in 
bonus pay. The scope and depth of this waste and greed are just 
shocking and unjustifiable. It is beyond my imagination that they would 
do that.
  Mr. Speaker, I represent a district in North Carolina where the 
median household income is just a little bit more than $30,000 per 
year. These Americans must work extremely hard every day just to meet 
their obligations.
  It is patently unfair that hardworking Americans could be asked to 
work harder to pay more taxes that are needed simply to provide AIG 
executives with multimillion-dollar bonuses. It is patently unfair.
  I encourage this body and President Barack Obama to take every avenue 
possible to stop these bonuses or, if they are legally unstoppable, to 
tax them beyond belief.

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