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Tag Archives: geithner

How Much is $1 Trillion?

The U.S. Treasury yesterday announced plans to expand its Troubled Asset Relief Program (TARP) by as much as $1 trillion: The plan calls for the federal government to work with private investors to try to restart the market for the troubled mortgage loans and securities, which in turn officials hope improves the financial condition of [...]

Explaining the Obama Nominees’ Tax Reporting Woes

With tax season approaching, and a tax code that’s more complicated than ever, there are many Americans who are confused about just what Tim Geithner, Tom Daschle, and Nancy Killefer did to get themselves into trouble.