The State.com has an article, "Government has to make Choices Families, businesses don't," by Cindi Ross Scoppe, is a well wrote article it lets Americans know how far we have this world wind going.
First all, government should have been explicited about how the money was to be used on the Corporation bail out because it was used foolishly by the CEO's giving bonuses and having meetings they had planned in exotic places. Bush administration should have opened their eyes and looked more into this bail out, as Obama administration is looking more closely at the situation as Obama thinks they should not get bonuses and put a limit on to spending as well as them getting two hundred thousand a year. As most say they can not live off of that because CEO's go out and by big homes, cars, yachts, and other such expensive items.
Raising taxes may or may not help this economy because we are already in an unpredictable future because we are in a world wind, it might take a week, months, or even years before this gets cleaned up, as Americans know this will not happen over night, it will be progress made.