All Commentary
Thursday, November 19, 2009

Administration Seeks Palatable Way to Continue TARP Bailout

“The Obama administration is poised to extend the life of the highly unpopular $700 billion financial bailout and, to display a commitment to fiscal responsibility, is planning to use much of the leftover funds to reduce the national debt, government sources said.” (Washington Post, Thursday)

Didn’t they borrow the TARP money?

FEE Timely Classic
“Our Presidents and the National Debt” by Burton W. Folsom Jr.

  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.