Taken directly from his youtube page Representative Louie Gohmert (R-TX) has a wonderful idea for the left over $350 billion dollars.

Instead of the government spending billions more of taxpayer dollars on failed bailouts, Rep. Louie Gohmert (R-TX) demands that those who have earned the money should be the ones to spend it. His plan is to substitute the remaining $350 billion in bailouts with a two month federal income and FICA tax holiday for Americans, where that money would stay in their paychecks. Then the taxpayers would be able to use that money the way they want and do a better job of stimulating the economy, whether it be by paying off loans and home mortgages, buying a more efficent car, investing in stocks, saving it, or just having fun with it.

[youtube=http://www.youtube.com/watch?v=vl7HdK88azY&hl=en&fs=1]

Cartoon by Michael Ramirez

Until you can defend these numbers you can’t talk me into supporting a bailout.

This was found at The Heritage Foundation.

Read for the top 10 reason why an auto bailout is crazy.