President Bush today signed the largest financial bailout bill in the history of the world. The financial bailout bill represents over $700 billion dollars that the US Treasury will have at its desposal to purchase bad debt from financial institutions with the goal of easing the ever tightening credit crunch that is currently spreading throught the world.
Bailout Bill Signed Into Law
October 3, 2008 · Leave a Comment
Categories: Breaking News
Tagged: Bailout, Bailout legislation, Bailout Package, Bush, Congress, Economy Crisis, Financial Crisis, Government Bailout, Politics, President
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