Fiscal Year 2010 Budget Overview
2009-03-12T21:52:37-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMDAxXC8yODQ1OTMtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Treasury Secretary Geithner gave an overview of President Obama’s budget proposals for fiscal year 2010. In his testimony and answers he reaffirmed that the cost of cleaning up all the toxic assets of faltering financial institutions will be at least $1 trillion and outlined some ways in which the federal government could assist banks in disposing of the assets. He also spoke about federal programs to assist homeowners facing potential foreclosure and the need to restructure bank regulations.
Treasury Secretary Geithner gave an overview of President Obama’s budget proposals for fiscal year 2010. In his testimony and answers he rea… read more
Treasury Secretary Geithner gave an overview of President Obama’s budget proposals for fiscal year 2010. In his testimony and answers he reaffirmed that the cost of cleaning up all the toxic assets of faltering financial institutions will be at least $1 trillion and outlined some ways in which the federal government could assist banks in disposing of the assets. He also spoke about federal programs to assist homeowners facing potential foreclosure and the need to restructure bank regulations. close
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