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Congress' stated reason for the bailout is that the harm from letting the economy fall as hard as it may outweighs the harm done from government intervention. For example, it would be more harmful to the economy to let General Motors fail (causing hundreds of thousands of lost jobs), than to increase government spending and the possible negatives of that.
greed and not caring for the common people.
What else can I help you with?
What is the role of the president in regard to laws passed by congress?
either to sign in and make it become a law or to veto the bill then the bill will go back to congress and if two thirds of congress vote on the bill the bill becomes a law
What can congress do if the president wants a bill passed and congress doesn't?
Congress can override the President's veto of a bill. They can do so by submitting the bill to both the Senate and the House of Representative for vote and both houses must reach a two-thirds vote in favor of the bill becoming a law.
Who had to vote to accept the Bill of Rights in order for it to become part of the US Constitution?
it was the Congress to make it a bill and the President to make it a law
How can the president check congress in regards to a bill?
If the president does not like proposed legislation he can make his thoughts known to leaders in congress and threaten to veto it. If the bill passes anyway, he can veto it - send it back to congress with his objections.
What can the US congress do to make a bill a law if the president vetoes it?
The bill that the President has vetoed must be passed with a 2/3 favorable vote in both houses of Congress in order to become law.
How can congress make a bill a law without presidents approval?
Overrride veto.
How does congress make law?
introduceing a bill by a senator or representativeworking in commitiesdebating the bill on the floor of each housevoting on the bill in each housesending the bill to the president to sign the law
Can Congress make and sign treaties?
Congress Declares war and make treaties and have to get the president's aproval to do so. Whenever they pass a bill obama has to sign it. congress does everything. obama's job is to approve what they do. Then again, i may be wrong.
If congress passes a law what can the president do to keep it from passing?
Veto it. Then the bill goes back to Congress where they have to gather a 2/3 majority to override the veto to make the bill law. Most of the time that does not happen.
Does the president work with congress to make laws?
While the President can suggest legislation, the actual letter of the law (specifics) is written by Congress. If a bill is passed by Congress than the President can sign the bill into law or veto it, having another impact on law-making.
How can Congress make sure that bill does not die even if the president does not want it?
To ensure that ta bill is not thrown out even if it is unpopular with the president, the Congress can override the president's veto by a vote of two-thirds in both chambers.
What can congress do if the law is vetoed by the president?
If the President vetoes a bill, Congress can override the veto and make the bill law despite the veto by passing it again with a 2/3 favorable vote in both houses.
