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Transcripts For CNNW Anderson Cooper 360 20120706

program giving a lot of people on capitol hill this preferential treatment. it was called the friends of angelo program now, the report today names a string of lawmakers and regulators from both parties, democrats and republicans, who benefited from this vip treatment. senate budget committee chairman, for instance, democrat kent conrad. former democratic senator chris dodd. republican house armed services committee chairman buck mckeon. all three deny any wrongdoing. the former ceo of fannie mae, officials at freddie mac and a secretary of housing and urban development were also in this friends of angelo program. so were congressional staffers from both parties that played a role in legislation that affected countrywide. these vips got favorable mortgage rates and points. one was a chairman of the house oversight committee, the very same committee investigating countrywide. he also denies any wrongdoing. according to the house report, documents and testimony obtained by the

Transcripts For CNNW Anderson Cooper 360 20120706

it was called the friends of angelo program now, the report today names a string of lawmakers and regulators from both parties, democrats and republicans, who benefited from this vip treatment. senate budget committee chairman, for instance, democrat kent conrad. former democratic senator chris dodd. republican house armed services committee chairman buck mckeon. all three deny any wrongdoing. the former ceo of fannie mae, officials at freddie mac and a secretary of housing and urban development were also in this friends of angelo program. so were congressional staffers from both parties that played a role in legislation that affected countrywide. these vips got favorable mortgage rates and points. one was a chairman of the house oversight committee, the very same committee investigating countrywide. he also denies any wrongdoing. according to the house report, documents and testimony obtained by the committee show the vip loan program was a tool used by country wide to build

Transcripts For CNNW Anderson Cooper 360 20120706

countrywide s ceo, oversaw the program giving a lot of people on capitol hill this preferential treatment. it was called the whole program was called, if you can believe it, the friends of angelo program. now, the report today names a string of lawmakers and regulators from both parties, democrats and republicans, who benefited from this vip treatment. senate budget committee chairman, for instance, democrat kent conrad. former democratic senator chris dodd. republican house armed services committee chairman buck mckeon. all three deny any wrongdoing. the former ceo of fannie mae, officials at freddie mac and a secretary of housing and urban development were also in this friends of angielo program. so were congressional staffers from both parties that played a role in legislation that affected countrywide. these vips got favorable mortgage rates and points. one was a chairman of the house oversight committee, the very same committee investigating countrywide. he also denies

Transcripts For CNNW Anderson Cooper 360 20120703

a penalty, not a tax. the law is clear. it s called a penalty. the massive so-called tax increase they re talking about is the freeloader penalty. people who can buy health insurance should take responsibility to do so. i m saying it was set up as a penalty for people who choose not to buy insurance. it s a penalty. whatever you call it a mandate or a tax, it s a penalty. in case you missed it, it s a penalty and not a tax. that s what s being said, right? as for the republican side, any time is tax time. it s a tax increase. it s a massive tax increase on the middle class. that s florida senator marco rubio on saturday and the beat goes on. this law is a tax. obama care is the biggest tax increase in american history. the government could decide that we re going to tax you if you don t eat broccoli on tuesday. the affordable care act is a tax. it is the largest tax in america s history. middle tax increase. it s the largest tax increase on the m

Transcripts For CNNW Anderson Cooper 360 20120703

the law is clear. it s called a penalty. the massive so-called tax increase they re talking about is the freeloader penalty. people who can buy health insurance should take responsibility to do so. i m saying tks was set up as a penalty for people who chose not to buy insurance. it s a penalty. whatever you call it a mandate or a tax, it s a penalty. in case you missed it, it s a penalty and not a tax. that s what s being said, right? as for the republican side, any time is tax time. it s a tax increase. it s a massive tax increase on the middle class. that s florida senator marco rubio on saturday and the beat goes on. this law is a tax. obama care is the biggest tax increase in american history. the government could decide that we re going to tax you if you don t eat broccoli on tuesday. the affordable care act is a tax. it is the largest tax in america s history. middle tax increase. it s the largest tax increase on the middle class in history

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