13 firms receiving federal bailout owe back taxes

[bijou]

WASHINGTON (AP) — At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday.

Rep. John Lewis, chairman of a House subcommittee overseeing the federal bailout, said two firms owe more than $100 million apiece.

"This is shameful. It is a disgrace," said Lewis, D-Ga. "We are going to get to the bottom of what is going on here."

The House Ways and Means subcommittee on oversight discovered the delinquent taxes in a review of tax records from 23 of the firms receiving the most money, Lewis said as he opened a hearing on the issue.

"If we looked at all 470 recipients, how much would they owe?" Lewis asked. ...

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The vetting problem isn't confined to nominees.

[Hawkgirl]

What a trainwreck of an administration.  The passing of the non-stimulus package should go up for a re-vote and it should allow ALL members of Congress SUFFICIENT TIME to review the package as well as the recipients of this tax-payer funded bail-out.  It's like a group of theives getting rich on the taxpayers dime...both the giver and the takers...corruption galore.