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Obama secures a victory in the Senate on use of the next $350 billion in TARP funds

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 05:49 PM
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Obama secures a victory in the Senate on use of the next $350 billion in TARP funds
http://www.americablog.com/2009/01/obama-scores-victory-in-senate-on-use.html

Thursday, January 15, 2009


The Senate voted narrowly today to permit President-elect Barack Obama to spend another $350 billion to stabilize the fragile U.S. financial system.

On a vote of 52 to 42, the Senate defeated a resolution that would have blocked the second half of the money from a $700 billion financial rescue program from flowing to the U.S. Treasury Department.
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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 05:50 PM
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1. Err....hooray? nt
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 06:05 PM
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2. That's why the Repukes wrote up the bailout bill
the way they did back in October. They wanted to make sure that if McLame lost, that any further bailout would be owned by Obama.

Looks like it worked.
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