December 19, 2008
The Bush administration has said that it may not go to Congress to ask for the remaining $350 Billion that Paulson wants.
The White House said it won’t necessarily ask Congress to release the second half of the $700 billion Trouble Asset Relief Program, suggesting that the decision will fall to President-elect Barack Obama.
However, Paulson wants [...]
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December 19, 2008
Henry Paulson is looking for the rest of the $700 Billion for Christmas. He has “invested” $350 Billion and now is asking for the final $350 Billion before the holidays.
Paulson’s call for the other $350 billion may set off a debate in Congress, where some members have criticized the Treasury chief’s management of TARP [...]
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