Summary
WASHINGTON - The government has tens of billions of dollars left in the eye-popping $700 billion bank bailout fund created last fall, prompting a debate in Congress over what to do with it.
The Treasury Department wants to keep the money at its disposal in case the economy gets worse. But fiscal conservatives like Sen. Judd Gregg of New Hampshire and Rep. Spencer Bachus of Alabama, both Republican, want the money kept to pay down the national debt.See the full content of this document
Extract
Tens of Billions Remain in Bank Bailout Fund
Meanwhile, a group of liberal Democrats led by Massachusetts Rep. Barney Frank, chairman of the House Financial Services Committee, say at least a por...
See the full content of this document
Sponsored links
