Tuesday, 10 February 2009

Urgent -- Senate Passes Stimulus Package, Geithner Unveils $2 Trillion Bank Rescue Plan

Click here for the NYT story on the passage of the stimulus bill in the U.S. The package was approved in a 61-to-37 vote, paving the way for negotiations with the Lower House for the $838 billion bill.

Also, Treasury Secretary Timothy Geithner offered more than $2 trillion worth of funds to aid ailing banks and kick start lending. Click here for Bloomberg News' take on this story.

1 comment:

  1. I think that the President is embracing new technology. It will pull us out of recession!

    http://www.socoolaz.com/article.cfm?articleID=30258

    ReplyDelete