U.S. Senate approves to release $350 bln of bailout package
发布时间：2013-11-04 共1页
U.S. Senate Thursday approved to release the remaining 350 billion dollars from the 700 billion dollars financial bailout package, clearing the way for a new infusion of bailout cash for the financial industry
The request was approved by a vote of 52-42 after former Treasury secretary Larry Summers, who will be Obama’s top economic adviser, promised that up to 100 billion dollars of the remaining funds would be spent on tackling the U.S. home mortgage crisis.
On behalf of President-elect Barack Obama, U.S. President George W. Bush Monday asked Congress for the remaining money from the 700 billion financial bailout package which was passed by Congress in October.
The request was approved by a vote of 52-42 after former Treasury secretary Larry Summers, who will be Obama’s top economic adviser, promised that up to 100 billion dollars of the remaining funds would be spent on tackling the U.S. home mortgage crisis.
On behalf of President-elect Barack Obama, U.S. President George W. Bush Monday asked Congress for the remaining money from the 700 billion financial bailout package which was passed by Congress in October.
