WASHINGTON, March 24 The U.S. Senate could
still take legislative action to recoup executive bonuses at
firms that got government bailouts, even though some American
International Group (AIG.N) executives have given their bonuses
back, Senate Majority Leader Harry Reid said on Tuesday.
"The issue is not over and that's an understatement," Reid,
a Nevada Democrat, told reporters. AIG should continue to
renegotiate or return the bonuses that have caused taxpayer
outrage, he said, but "we're going to keep an eye on this" and
look for "a window to do something."
The House of Representatives last week passed legislation
to impose a 90 percent tax on bonuses for certain executives at
U.S. companies that got government bailouts. Similar
legislation has stalled in the Senate after President Barack
Obama expressed skepticism, Republican leaders asked for more
time and some bonuses were paid back at AIG.
(Editing by Leslie Adler)