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CNN ignores GOP contradiction in criticizing Geithner's proposal as "power grab"

March 27, 2009 1:58 pm ET

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SUMMARY: In reports on the budget blueprint offered by House Republicans, CNN did not note that the plan includes a proposal to give the federal government authority to take over failing nonbank financial institutions -- a proposal similar to one presented by Tim Geithner, for which he was sharply criticized by those same House Republicans.

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