March 19th, 2009
03:00 PM ET
14 years ago

Cafferty: AIG bonuses damaging to Obama's agenda?

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There's a chance the public outcry over those AIG bonuses winds up hurting President Obama's ambitious agenda.

Critics of the administration are now armed with new ammo in the form of public outrage that they can use to block Mr. Obama's efforts — particularly when it comes to his economic agenda — like the budget.

Republicans keep hammering away that Treasury Secretary Geithner and the White House should have known about the $165 million in bonuses sooner — and acted quicker. They're also using the AIG scandal to show why Congress shouldn't pass any more bailouts.

One Republican strategist tells Bloomberg News, "The real target for the Republicans is to bring Obama back down to earth." You can bet they’ll be watching his poll numbers.

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  1. w.l. jones

    Were they Democrat or Republican recieve those bonuses?

    March 19, 2009 04:30 pm at 4:30 pm |