Last minute debt deal a day late and $4 trillion short

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May 24th, 2009
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Isakson Praises Signing of Law to Investigate Economic Crisis


                                                                        
"This is a great day for the American people..."


                                                                                                                   

WASHINGTON – U.S. Senator Johnny Isakson (R-GA) praised the signing by President Obama of a financial fraud bill that includes his proposal with U.S. Senator Kent Conrad, D-N.D., to create a Financial Crisis Inquiry Commission charged with fully investigating the causes of the near collapse of our financial markets and our economy.
                                                                        
"This is a great day for the American people, who demand and deserve some answers. I’m pleased the President understood the importance of signing this bill into law quickly so we can get those answers to what caused this financial collapse," Isakson said. "We need a forensic audit of the damage to the financial markets and our economy so we can find out where mistakes were made and ensure we don’t make them again."
                                                                
"My constituents deserve answers.  The American people deserve answers.  They have every right to know where mistakes were made, and why our financial system spiraled downward so far, so fast.  If it is discovered that laws were broken or any wrongdoing led our nation down this path, people must be held accountable," Senator Conrad said.


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