Phony outrage to cover their responsibility

ABC News is reporting that negotiators for the House, Senate and the White House stripped out a measure that could have restricted the AIG bonuses. Now that they are a source of public outrage, members of the both parties -- and the White House -- express outrage.

ABC News' Jonathan Karl reports: During late-night, closed-door talks last month, negotiators for the House, Senate and White House stripped out a measure to the stimulus bill that could have restricted the AIG bonuses.

Here's the story:

Last month, the Senate unanimously approved an amendment to the stimulus bill aimed at restricting bonuses over $100,000 at any company receiving federal bailout funds. The measure, which was drafted by Sen. Olympia Snowe, R-Maine, and Sen. Ron Wyden, D-Ore., applied these restrictions retroactively to bonuses received or promised in 2008 and onward.

But then...

The provision was stripped out during the closed-door conference negotiations involving House and Senate leaders and the White House. A measure by Sen. Chris Dodd, D-Conn., to limit executive compensation replaced it. But Dodd's measure explicitly exempted bonuses agreed to prior to the passage of the stimulus bill.

ABC News is reporting that negotiators for the House, Senate and the White House stripped out a measure that could have restricted the AIG bonuses. Now that they are a source of public outrage, members of the both parties -- and the White House -- express outrage.

ABC News' Jonathan Karl reports: During late-night, closed-door talks last month, negotiators for the House, Senate and White House stripped out a measure to the stimulus bill that could have restricted the AIG bonuses.

Here's the story:

Last month, the Senate unanimously approved an amendment to the stimulus bill aimed at restricting bonuses over $100,000 at any company receiving federal bailout funds. The measure, which was drafted by Sen. Olympia Snowe, R-Maine, and Sen. Ron Wyden, D-Ore., applied these restrictions retroactively to bonuses received or promised in 2008 and onward.

But then...

The provision was stripped out during the closed-door conference negotiations involving House and Senate leaders and the White House. A measure by Sen. Chris Dodd, D-Conn., to limit executive compensation replaced it. But Dodd's measure explicitly exempted bonuses agreed to prior to the passage of the stimulus bill.