Wednesday, 24. September 2008
Topic: POLITIK - on September 24, 2008 at 4:00:00 PM CEST
No, Really, How Much Is $700 Billion?
Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson urged Congress Tuesday morning to authorize a $700 billion bailout of struggling financial institutions. Although the congressional leadership has indicated its willingness to get onboard with the plan, rank-and-file lawmakers from both parties are balking at what's been called the largest bailout in U.S. history. Just how much is $700 billion?
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