House Committee Fiscal Year 2010 Budget Overview

Treasury Secretary Geithner gave an overview of President Obama’s budget proposals for fiscal year 2010. In his remarks he said the… read more

Treasury Secretary Geithner gave an overview of President Obama’s budget proposals for fiscal year 2010. In his remarks he said the Obama administration would work with Congress to determine the size and shape of future economic rescue efforts and described a $250 billion “placeholder” provision which would allow the Treasury to purchase $750 billion in financial sector assets. He also responded to questions about an agreement to aid American International Group (AIG) with up to another $30 billion in taxpayer funds, saying that allowing the company to default on its obligations would cause “catastrophic damage to the American people.” close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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House Committee Fiscal Year 2010 Budget Overview

43,778 Views
Program ID:
284395-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Mar 3, 2009
Last Aired:
Mar 7, 2009

Airing Details

  • Mar 03, 2009 | 12:34pm EST | C-SPAN 3
  • Mar 03, 2009 | 8:26pm EST | C-SPAN 1
  • Mar 04, 2009 | 2:00am EST | C-SPAN 2
  • Mar 07, 2009 | 10:01am EST | C-SPAN 1
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