nytimes.com - 1/13/2009
—
Despite skepticism from some senators, party leaders signaled that they would support the release of the second half of the $700 billion fund. >
propublica.org - 1/16/2009
—
propublica.org —
Flickr/Change.gov Obama's economic team finally did get a
bit more specific with their plans for the second
$350 billion of the TARP, and it was enough to win the day in the Senate. On a 52-42 vote , the Senate voted to release the money. The ...
(more)
Senate Votes to Release Bailout Money
Comments
Blog Reactions
Levin: "My Instinct Would Be To Release" TARP Contracts
TPMMuckraker —
... that he is getting copies of the contracts for companies receiving bailout money under the TARP program, we were thrilled to finally see what terms the government insisted on for taxpayer funds. But this morning in the New York Times, a Levin aide was quoted as saying that his office would not publicly release the contracts. And a Levin spokeswoman told TPMmuckraker the same thing in an email. ...
Business As Usual
Talking Points Memo —
... Late Update: Turns out there's a bit of a mystery here. An unnamed Levin aide told the Times that they did not plan to make the contracts public. But when we talked to Levin earlier today, it seemed to be the first he'd heard of the idea of not releasing the documents publicly -- he ...
Related Content
Bush Asks for Release of TARP Money
online.wsj.com 1/15/2009 — Bush formally requested, on Obama's behalf, that Congress release the remaining $350 billion in the Treasury Department's TARP fund.
Economy Made Few Gains in Bush Years
washingtonpost.com 1/12/2009 — President Bush has presided over the weakest eight-year span for the U.S. economy in decades, according to an analysis of key data, and economists across the ideological spectrum increasingly view his two terms as a time of little progress on the ...
Senate approves release of additional $350B for bailout
politicalticker.blogs.cnn.com 1/15/2009 — WASHINGTON (CNN) — The Senate voted Thursday afternoon to release the remaining $350 billion dollars of the Troubled Asset Recovery Program (TARP) bailout fund.
The Senate's 52-42 rejection of a resolution of disapproval on the release of the ...
Money Sent Back to Mexico Drops Off 3.5%
ktvn.com 1/29/2009 — For the first time in more than a decade, the amount of money sent back to Mexico from migrants living in the U.S. has dropped. Remittances are Mexico's second largest source of foreign income after oil. They fell off by more than 3.5% in 2008 to $25 ...
Frank Seeks New Conditions for Bailout Money
opencongress.org 1/12/2009 — As leaders in Congress continue to work out the details of the economic stimulus package with President-elect Barack Obama, congressional Democrats are pushing to attach new strings to the second $350 billion of financial bailout money. This week, ...