TARP Draws to a Close Next Week, With Lower Costs Than Thought

After countless angry political speeches and the threat of economic collapse, the government’s $700 billion bailout of banks, insurance companies and auto companies draws to a close Sunday – and it will likely cost only a fraction of what was expected….

Senate Will Not Vote on Extending Bush Tax Cuts Before Election

taxes

The Senate will not vote on extending any of the Bush-era tax cuts until after the November election.

“Democrats believe we must permanently extend tax cuts for the middle-class before they expire at the end of the year, and we will,” Jim Manley, a spokesman for Senate Majority Leader Harry Reid said in an e-mail, Reuters reported.

Sponsored Links

“Unfortunately, to this point we have received no…

Continue reading Senate Will Not Vote on Extending Bush Tax Cuts Before Election

Senate Will Not Vote on Extending Bush Tax Cuts Before Election originally appeared on DailyFinance on Fri, 24 Sep 2010 06:28:00.

Filed Under: , , ,