Friday, December 19, 2008

Somebody Lock Paulson up QUICK

All quotes from MSNBC.com


December 16th - Paulson also said he has no current plans to ask Congress to make the second half of the $700 billion financial rescue fund available before the Bush administration leaves office on Jan. 20. But he added that the administration was prepared to move quickly, if necessary, to tap the extra resources.

For that reason, he said he did not see a need to request authorization from Congress to tap the second half of the rescue package, but he left the door open to making such a request if situations changed.

December 19th - Treasury Secretary Henry Paulson said Friday that Congress will need to release the last half of the $700 billion rescue fund because the first $350 billion has been committed.



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