Friday, January 09, 2009

Mo Money

Though we're inside the 15 day window so Bush really can't get it.

Senior Bush administration officials are preparing to ask lawmakers for the second half of the $700 billion financial rescue package despite intense opposition in Congress and then have President Bush use his veto if the request is voted down, three sources familiar with the matter said.

...

Under the emergency rescue legislation approved by Congress in October, the administration must inform lawmakers that it wants access to the second installment of $350 billion. Congress would have 15 days to reject the request before Treasury can begin to tap the funds.