As if there were any doubt at all the Senate has voted to release the other half of the TARP money with just a few objections. Let's hope Geithner gets through his asinine tax problems and gets confirmed at the quickstep so he can spend some of this money. That $100 billion to stop foreclosures was needed yesterday.
Senators defeated, 52-42, a resolution that would have prevented the release of the second half of the $700 billion in the Troubled Asset Relief Program, enacted last year to boost the sagging U.S. economy.
“It’s money that can be spent, may be spent, by the new president, Barack Obama,” Illinois Democrat Richard Durbin said before the vote. “I want to give President Obama the tools he needs to breathe life back into this economy.”
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