WASHINGTON, Sept 20 (Reuters) - A Wall Street bailout package being proposed by the Bush administration would cost $700 billion, according to a legislative proposal given to Congress on Saturday. A copy of the draft legislation, obtained by Reuters, also calls for raising U.S. borrowing authority to $11.315 trillion. Congressional committees were to be briefed on Saturday on the legislation, which could be weighed by the U.S. House of Representatives and Senate as early as next week.
I want to see that draft, so I can see how much pork the Dems add to it!!
Good idea bump.. maybe an analysis thread..
I can’t find it on gov web yet. Probably hasn’t hit the scanners. After I get back from abusing little white balls, I’ll look again.
OMG- they want up to $11 TRILLION?
WTH is going on?