Indiana Challenges Constitutionality of TARP Money for Auto Bailout
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Written by RC_Anderson
(CNSNews.com) – A lawsuit filed by the state of Indiana challenging the constitutionality of using federal Troubled Asset Relief Program (TARP) funds for automakers is headed to a federal appeals court. “The administration misappropriated fundsbecause it is stated in the law this is for financial institutions,” Indiana State Treasurer Richard Mourdock told CNSNews.com. “Is Chrysler a financial institution? Clearly not.” ....