Geithner: TARP program extended to Oct.

From: The Washington Times | December 9, 2009 

WASHINGTON (AP) -- Treasury Secretary Timothy Geithner announced Wednesday that the U.S. administration will extend the government's financial bailout program until next fall. In a letter to House and Senate leaders, Geithner said the extension is "necessary to assist American families and stabilize financial markets." Money from the $700 billion taxpayer-funded bailout program has helped rescue big Wall Street firms, auto companies and others. That's angered many Americans, who feel the government hasn't provided them with relief from high unemployment and rising home foreclosures. Geithner said the Troubled Asset Relief Program that Congress passed in October 2008, will be extended ...

Email Bookmark and Share

Read More >>



Filed Under The Wire



Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Please Note: The comments section is for both the registered users of this web site as well as non-registered users. All wishing to post comments must comply with our Commenting Rules or risk having their comments stricken. Comments do not necessarily reflect the views of the ownership of this site and should not be taken as such just because they are visible and posted here.

Leave a Reply





    • American Conservative Daily is owned and operated by J.J. Jackson, President of Land of the Free Studios, Inc.