Partial text of the Bailout Bill

Nov 12, 2008 18:57

The purposes of this Act are-

(1) to immediately provide authority and facilities that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of the United States; and
(2) to ensure that such authority and such facilities are used in a manner that-
(A) protects home values, college funds, retirement accounts ( Read more... )

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blessed_1 November 13 2008, 03:12:14 UTC
Well since they have changed their minds on what they're doing with the money, it looks to me like they've abandoned A-D.

The full text is here.

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twilightsdawne November 13 2008, 03:51:36 UTC
I don't know that much about this bill. One of the guys I work with has been fussing about it though. I hope to check out the link you posted to the full text of the bill after checking my friends list. Thanks for posting it.

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