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July 25, 2008 1:04:45 PM CDT


Stories related to: Department of the Treasury

Stories

6 Stories

  • July 2008
    • Tab for Fannie, Freddie Bailout Pegged at $25B

      Tab for Fannie, Freddie Bailout Pegged at $25B

      A federal bailout of Fannie Mae and Freddie Mac will cost $25 billion, the Congressional Budget Office said today, but there’s a better than 50% chance no rescue will be needed. The plan sought by Treasury Secretary Henry Paulson would extend an unlimited line of credit to the government-sponsored enterprises for the next 18 months, MarketWatch reports. More »

      Tags

      Henry Paulson   Fannie Mae   Freddie Mac   Treasury Department   Department of the Treasury   Congressional Budget Office   rescue package

  • May 2008
    • US Money Discriminates Against Blind, Court Rules

      US Money Discriminates Against Blind, Court Rules

      A federal appellate court agreed today with a lower court’s ruling that the US must change its paper money to accommodate the blind, who are unable to tell the current, single-size bills apart, the Washington Post reports. The court ruled that the bills violate the Federal Rehabilitation Act, rejecting Treasury's argument that the blind could get along on assistance from others. More »

      Tags

      money   Henry Paulson   discrimination   currency   Treasury Department   blindness   Department of the Treasury

  • April 2008
    • Bush Sees Rebate Checks Offsetting 'Slowdown'

      Bush Sees Rebate Checks Offsetting 'Slowdown'

      Again steering clear of the R-word, President Bush said today that the tax rebates scheduled to be distributed starting next week will "give our economy a boost to help us pull out of this economic slowdown," Bloomberg reports. More »

      Tags

      George W. Bush   US economy   taxes   IRS   economic stimulus package   weakening economy   Department of the Treasury   check

    • First Tax Rebates Go Out Monday

      First Tax Rebates Go Out Monday

      Treasury is putting its rebate money where its mouth is—ahead of schedule, Reuters reports, with the first wave of checks going out Monday. “We're a little bit ahead of schedule, so we will start right on Monday with direct deposits," Henry Paulson tells Reuters. The Treasury secretary is happy to get cash into Americans’ pockets a little quicker, in order to stave off worsening economic conditions. More »

      Tags

      gas prices   housing crisis   Henry Paulson   economic stimulus   stimulus package   tax rebate   Department of the Treasury

  • March 2008

6 Stories

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