On Tuesday (2/10/09), Treasury Secretary Timothy Geithner is expected to reveal the administrations plans for the $350 billion remaining in the financial industry bailout package. The federal government wants to set aside between 50 and 100 billion dollars of the money to address the foreclosure crisis, but exactly how that money will be spent remains [...]
Entries Tagged as 'Economy'
Big stimulus money for Texans
February 10th, 2009 · No Comments · Economy, Real Estate, Texas
The State of Texas stands to receive an extraordinary amount of money in the federal stimulus package. How big? Well for some programs, the infusion money will surpass the states annual share of appropriations. Some of the monies, about $270 million, are to be set for clean water infrastructure, which is more than twice what [...]