CBO sez except for the trillions used to bailout the banking system, bank fee would affect customers & investers
Customers would face higher borrowing rates and other charges, employees might receive less pay, and investors will face lower stock prices, the CBO said.
The agency said the fee would slightly lower the supply of credit and strengthen the competitive position of smaller banks. The fee would probably not have a measurable impact on U.S. economic growth.
