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 Obama administration would work… read more

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 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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House Committee Fiscal Year 2010 Budget Overview

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Program ID:
284395-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Mar 03, 2009 | 12:34pm EST | C-SPAN 3
Last Aired:
Mar 07, 2009 | 10:01am EST | C-SPAN 1

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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