Paulson, too, mulls more aggressive action, tapping bailout funds
(NEWSER) - Barack Obama’s financial team is constructing a $500 billion stimulus plan that it hopes to rush through Congress early in 2009, the Wall Street Journal reports. Obama would sign the bill, which is far more ambitious than anything discussed during the campaign, almost immediately after his inauguration. “This is an extraordinary time,” an aide said, “and extraordinary responses are needed.” More»