Congress authorized the U.S. Treasury Department in the financial industry 350,000,000,000 U.S. dollars in relief funds has been overrun by nearly 100 billion U.S. dollars, which may limit the incoming government to spend the rest of Obama's financial means.
Ministry of Finance said Monday, 6,000,000,000 U.S. dollars will be allocated to help financial services company General Motors (GMAC LLC), so the problem assets from the relief program is committed to providing relief funds and guarantee the total 358,400,000,000 U.S. dollars. This indicates that the Ministry of Finance is to use before Congress in October allocated 700,000,000,000 U.S. dollars of relief funds remaining half.
Criticism of the rescue plan Vermont Senator Sanders (Bernie Sanders) said they were testing the bottom line. They are now being vigorously to create a situation in which Obama was elected president and Congress put pressure on the remaining requests for 350,000,000,000 U.S. dollars.
According to the relief funds approved by the Legislative Council, the Ministry of Finance early access to 350,000,000,000 U.S. dollars, and the need to provide a detailed financial plan in order to use the pressure to spend the other half of the funds. The purpose of this legislation is to enable the broad authority given to the Ministry of Finance have misgivings of lawmakers to conduct a review.
The Ministry of Finance said that it is acting in accordance with the relief bill. Monday informed the matter to the reporter's Ministry of Finance officials said the short-term cash flow from the point of view, the Ministry of Finance has yet to reach the upper limit of 350,000,000,000 U.S. dollars, because not all the promises have been fulfilled. As of Tuesday, has allocated funds of about 207,000,000,000 U.S. dollars.
Ministry of Finance, including the actual commitment to the bank injected 250,000,000,000 U.S. dollars to the insurance company American International Group (AIG) injection of 40,000,000,000 U.S. dollars, the U.S. Federal Reserve (Fed) to provide consumer financing plan 20,000,000,000 U.S. dollars of funds to Citigroup Group (Citigroup Inc.) Provision of 25,000,000,000 U.S. dollars and grant assistance 23,400,000,000 U.S. dollars U.S. auto industry.
Treasury Secretary Paulson (Henry Paulson) on December 19 announced that the automotive industry assistance plan that Congress clearly needs to spend the rest of 350,000,000,000 U.S. dollars of funds in order to maintain financial market stability. But a growing number of members of the Yituanluanma rescue plan is not satisfied that they have made it clear that Paulson did not want to fund, and Obama would rather give the money to the Government, or simply to defer the use of the funds.
Washington Center for Economic Policy Research (Center for Economic and Policy Research) co-director Dean Baker • (Dean Baker) said that the Ministry of Finance in excess of their authority to make decisions is a commitment to "arbitrary".
Obama will be able to government as it considers appropriate way to adjust the plan and security, but also to guard against financial market turmoil caused.
Ministry of Finance said Monday, 6,000,000,000 U.S. dollars will be allocated to help financial services company General Motors (GMAC LLC), so the problem assets from the relief program is committed to providing relief funds and guarantee the total 358,400,000,000 U.S. dollars. This indicates that the Ministry of Finance is to use before Congress in October allocated 700,000,000,000 U.S. dollars of relief funds remaining half.
Criticism of the rescue plan Vermont Senator Sanders (Bernie Sanders) said they were testing the bottom line. They are now being vigorously to create a situation in which Obama was elected president and Congress put pressure on the remaining requests for 350,000,000,000 U.S. dollars.
According to the relief funds approved by the Legislative Council, the Ministry of Finance early access to 350,000,000,000 U.S. dollars, and the need to provide a detailed financial plan in order to use the pressure to spend the other half of the funds. The purpose of this legislation is to enable the broad authority given to the Ministry of Finance have misgivings of lawmakers to conduct a review.
The Ministry of Finance said that it is acting in accordance with the relief bill. Monday informed the matter to the reporter's Ministry of Finance officials said the short-term cash flow from the point of view, the Ministry of Finance has yet to reach the upper limit of 350,000,000,000 U.S. dollars, because not all the promises have been fulfilled. As of Tuesday, has allocated funds of about 207,000,000,000 U.S. dollars.
Ministry of Finance, including the actual commitment to the bank injected 250,000,000,000 U.S. dollars to the insurance company American International Group (AIG) injection of 40,000,000,000 U.S. dollars, the U.S. Federal Reserve (Fed) to provide consumer financing plan 20,000,000,000 U.S. dollars of funds to Citigroup Group (Citigroup Inc.) Provision of 25,000,000,000 U.S. dollars and grant assistance 23,400,000,000 U.S. dollars U.S. auto industry.
Treasury Secretary Paulson (Henry Paulson) on December 19 announced that the automotive industry assistance plan that Congress clearly needs to spend the rest of 350,000,000,000 U.S. dollars of funds in order to maintain financial market stability. But a growing number of members of the Yituanluanma rescue plan is not satisfied that they have made it clear that Paulson did not want to fund, and Obama would rather give the money to the Government, or simply to defer the use of the funds.
Washington Center for Economic Policy Research (Center for Economic and Policy Research) co-director Dean Baker • (Dean Baker) said that the Ministry of Finance in excess of their authority to make decisions is a commitment to "arbitrary".
Obama will be able to government as it considers appropriate way to adjust the plan and security, but also to guard against financial market turmoil caused.
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