Congressional Observer: March 2002 | Aviation International News

Regulations and Government

Congressional Observer: March 2002

Congress took most of the month of January off, and when it returned to the business of the nation, the Enron bankruptcy captured its attention.

By John A. Pope

July 15, 2008

Congress took most of the month of January off, and when it returned to the business of the nation, the Enron bankruptcy captured its attention. A multitude of congressional committees undertook to explore the whys and wherefores of the collapse. The Democrats sought ties between Enron, President Bush and Vice President Cheney. Many legislators who were the recipients of Enron donations were busily occupied in finding ways to unload those monies while disclaiming any connections to the donor.

Amidst all the Enron activity, there was President Bush’s State of the Union message, the administration’s budget proposals, debates on the need for an economic stimulus package, the budget deficit and how to reduce spending.

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