On January 15, 2010, Congressman Paul E. Kanjorski (PA-11), the Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, appeared on CNBC to discuss President Obamas proposed Financial Crisis Responsibility Fee, or bank tax, which would require the largest and most highly leveraged Wall Street firms to pay back taxpayers for the federal assistance provided, so that the TARP program does not add to the deficit.
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