BeltwayBlips - Latest TARP News Articles

Thune: Stop TARP before more damage is done

Mon, 23 Nov 2009 15:15:42 +0000

Thune: Stop TARP before more damage is done. (CNN) – For the federal government, this has been the year of spending dangerously. The danger lies not just in the staggering volume of money being thrown around by the administration and Democrat-controlled Congress. It lies as well in their choices about how that money is being used and their apparent lack of concern that their spending splurge is unsustainable. Just this past fiscal year alone, which ended in October, the federal government has racked up a staggering deficit of $1.4 trillion, tripling the previous record. And it has done so in part through moves like buying an ownership stake in hundreds of banks, an insurance company, two automakers and numerous other businesses. A little over a year ago, Congress created the Troubled Asset Relief Program to try to stabilize plummeting financial markets. Full Story

Find more top political news, videos, and blogs on BeltwayBlips: Congress, John Thune, TARP, CNN

TARP Cannot Save Some Banks

Wed, 18 Nov 2009 17:46:47 +0000

U.S. regulators have seized or threatened at least 27 banks that received capital infusions from TARP, leaving taxpayers facing a potential $5.1 billion loss.

Find more top political news, videos, and blogs on BeltwayBlips: Other, TARP

TARP Cannot Save Some Banks

Tue, 17 Nov 2009 15:45:30 +0000

U.S. regulators have seized or threatened at least 27 banks that received capital infusions from TARP, leaving taxpayers facing a potential $5.1 billion loss.

Find more top political news, videos, and blogs on BeltwayBlips: Other, TARP

Thune seeks to stop TARP spending

Tue, 17 Nov 2009 00:47:08 +0000

Thune tried to kill TARP with an amendment to the unemployment benefits bill, but Reid blocked it.

Find more top political news, videos, and blogs on BeltwayBlips: Congress, TARP, Harry Reid