Text of Draft Proposal for $700 Billion Bailout Plan
Just wanted to post what I could find on this huge federal bailout. I will continue to post updates we they are released so us taxpayers know what we are getting into. Please add your comments below.
Newest Draft of Bank Bailout Bill
Draft Text of Bill:
LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY
TO PURCHASE MORTGAGE-RELATED ASSETS
Section 1. Short Title.
This Act may be cited as ____________________. <—- Name of the Act
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