Today, the White House (aka Obama) issued a statement saying that they are considering imposing a fee on banks in an effort to recover the taxpayer dollars used to bail them out. Such a fee could be well received by Americans who are still angry about the exploitation and mismanagment of these corporate finances- especially with CEOs in line to receive huge bonuses next month. no details have been released as to what form a fee like this would take. If it were implemented, it is expected to be included in Obama's budget proposal next month. Last fall, British officials suggested a bank fee, but Secretary of the Treasury Timothy Geithner fervently opposed it. The Office of Management and Budget neither confirmed nor rejected the possibility of this fee, instead saying, "There are- and will be- a lot of rumors about what is in our budget-- most of them wrong. But we are not going to get into the game of ruling in and ruling out rumors about what is in our budget."
new.yahoo.com/s/nm/20100111/pl_nm/us_obama_bank_fees
npr.org/blogs/thetwo-way/2010/01/obama_mulling_over_new_bank_fees_to.htm
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