Friday, September 26, 2008

Trust Auntie Beeb To Figure It Out

BBC NEWS | Business | US rescue deal: Sticking points:
Leading US lawmakers are split over a multi-billion dollar bail-out plan for the US economy.

Under the proposals, the government would spend $700bn (£380bn) buying up bad mortgage-related debts from US banks, give the Treasury Secretary powers to oversee the two-year plan and would borrow the cash from the money markets by issuing more government debt.

So what are the sticking points?

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