This bill was signed into law on October 3, 2008. Among its features, it allocates $700 billion under the Troubled Assets Relief Program to bail out troubled Wall Street firms.
Published October 3, 2008
This bill was signed into law on October 3, 2008. Among its features, it allocates $700 billion under the Troubled Assets Relief Program to bail out troubled Wall Street firms.
The U.S. financial sector is at risk of eurozone sovereign debt contagion that could potentially undermine the fragile U.S. economic...
Peter Orszag explains that, when U.S. officials adopt policies carefully designed to produce future federal deficit reductions, most of those...
Peter Orszag discusses trends in U.S. jobs data that show large businesses are expanding their workforces at a more rapid clip than small...
The West's recent growth was dependent on borrowing. Going even further into debt now won't help; instead, countries need to address the...