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Michael Reagan falsely claimed Dems' law told AIG to "pay the bonuses"

March 27, 2009 1:22 pm ET

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SUMMARY: Michael Reagan falsely claimed that in paying retention bonuses, AIG was following a law "that was written by the Democrats" that said "pay the bonuses." In fact, the stimulus bill did not create the right for AIG -- or any company -- to pay bonuses, much less require them to do so.

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