Sunday, September 28, 2008

Read the Bailout Bill: Emergency Economic Stabilization Act of 2008

Please read all the details here: Emergency Economic Stabilization Act of 2008 (EESA) - Troubled Assets Relief Program

Also see Summary of EESA and EESA Step-by-Step.

And a Reuters summary of the bill, an Associated Press article entitled "Pelosi: Rescue is not a bailout but a buy-in," and the White House Statement.

1 comment:

marlon said...

The US government gave the bailout plan to give some beneficial funds in different sectors in coping with the economic crisis. But the recent news that the Obama administration raises deficit forecast to $9 trillion also means that White House has been way off with its economic projections on bailouts.