Oklahoma Republican Senator Jim Inhofe told Tulsa World, “It is just outrageous that the American people don't know that Congress doesn't know how much money he (Treasury Secretary Henry Paulson) has given away to anyone.”
Inhofe said that Congress was lied to about the bailout package and added Congress should seize the remaining funds. Inhofe wants to freeze what is left of the first half of the bailout ($350 billion). It is estimated there is $60B left but he is unsure.
Inhofe submitted his ideas in a letter to other members in the Senate. In the letter, he wrote: “Congress abdicated its constitutional responsibility by signing a truly blank check over to the Treasury Secretary.”