Just passed the Senate:

The bill would establish a $30 billion small business lending facility run by the Treasury Department and provide another $12 billion in tax relief. Smaller banks – with under $10 billion in assets – would use the Treasury fund to extend loans to small businesses, helping get these companies back on their feet and hiring new workers.


One Response to TARP IV

  1. Ulysses says:

    If we, meaning our elected overlords, keep spending (imaginary lines on a ledger) money the same way as we’ve been spending it, surely one of these days the results will different.

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