Dodd Expands On His Story

Sen. Chris Dodd has basically changed expanded on his story on the bonuses clause in the stimulus bill. After saying Tuesday that the bonuses clause--which protects bonuses bound by contract before the stimulus bill was signed--was added in conference, having nothing to do with him, Dodd went on CNN last night and admitted (video here) that his staff had added the provision, at the behest of Obama administraion officials at the Treasury (after CNN's Dana Bash found that out from an unnamed Treasury official). Dodd explained the ins and outs of the situation, but ultimately said "I apologize" for initially claiming to have had nothing to do with the clause. how he initially responded to a question about the clause.

The Banking Committee chairman issued a statement yesterday reminding everyone that he was a leader in the fight to limit executive pay (the original clause about executive pay, after all, was his), and including language at the new administration's behest is not the same as pushing for the bonus protection clause on his own. But the RNC is already hammering Dodd over this, and no one, I think, will be surprised to see slow-motion, black-and-white footage of Dodd's CNN appearance in ads run in 2010 by the National Republican Senatorial Committee or Rob Simmons, Dodd's potential GOP opponent.

Presented by

Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

Things Not to Say to a Pregnant Woman

You don't have to tell her how big she is. You don't need to touch her belly.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Things Not to Say to a Pregnant Woman

You don't have to tell her how big she is. You don't need to touch her belly.

Video

Maine's Underground Street Art

"Graffiti is the farthest thing from anarchy."

Video

The Joy of Running in a Beautiful Place

A love letter to California's Marin Headlands

Video

'I Didn't Even Know What I Was Going Through'

A 17-year-old describes his struggles with depression.

Video

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Video

The Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

More in Politics

Just In