Henry Paulson: Taxpayers Are Already On The Hook (VIDEO)

Nov 03, 2008 | Updated May 25, 2011

Treasury Secretary Henry Paulson, facing a barrage of questions from Congress, seemed to get frustrated at the Senate banking committee's questions about taxpayers, perhaps implying that he, Federal Reserve Chairman Ben Bernanke and others in the administration didn't have the taxpayers' best interest at heart.

Paulson testily responded, "When you ask about the taxpayers being on the hook -- guess what: They're already on the hook."