AIG Outrage

Floor Speech

Ms. TITUS. Mr. Speaker, I also rise today in outrage over the recent news that AIG paid out over $165 million to executives, some of whom are no longer with the company.

Every day in southern Nevada, families face tough decisions about their economic futures; can they afford to stay in their home? Are they going to be able to provide for their children's future?

I find it insulting that the CEO of AIG said that his decision to give out these bonuses was ``difficult.'' Difficult is trying to figure out how to keep a roof over your head when you've lost your job. Difficult is providing for your children when your hours at work have been cut back. Difficult is not deciding if you are going to dole out hundreds of millions of dollars to irresponsible Wall Street executives.

I urge Congress and the administration to act quickly to recoup the taxpayers' money.

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