Blunt defended the financial legislation, noting that much of the money already has been repaid. He contrasted the bailout with the 2009 federal stimulus package, which Blunt described as a "huge mistake" and a "huge waste of money." Blunt said the stimulus is not helping the economy. "It didn't have the impact on the economy that the president promised, and we should have known from day one that it wouldn't have," Blunt said.
Blunt rejected the criticism, contending that some Senate candidates have taken more money from lobbying groups. He criticized a federal grant to Carnahan's brother for a wind farm project.
Carnahan responded that she had nothing to do with her brother's business. The federal government previously has provided tax incentives to boost renewable energy. The stimulus package offered cash payments instead of tax credits for wind-energy projects. The U.S. Treasury Department has said it had no discretion in deciding who qualified.
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The above quotations are from Columns and news articles distributed by the Associated Press.
Click here for other excerpts from Columns and news articles distributed by the Associated Press. Click here for other excerpts by Roy Blunt. Click here for a profile of Roy Blunt.
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