Kerry: Obama Within Hours Of Decision On Bailout Funds
Reuters:
President-elect Barack Obama vowed to restructure a financial rescue plan to save more U.S. families from home foreclosures, as he considered on Sunday whether to seek additional funds from a $700 billion bailout program.
Obama's aides have been in discussions with the White House over whether President George W. Bush should ask Congress for permission to use the remaining $350 billion of the funds, which are aimed at stabilizing the financial system.







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First Posted: 01-11-09 06:04 PM | Updated: 02-11-09 05:12 AM