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A Closer Look (Where's the Money) #914213

ABC Evening News for Wednesday, Dec 10, 2008
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(Studio: Charles Gibson) The growing frustration about the 700 billion dollar rescue plan introduced; statistics cited.

(Studio: Betsy Stark) The questions about where the rescue fund money has gone examined; details given about the shoring up of the banking system, rescuing AIG and Citigroup and funds to jumpstart consumer lending. [Representatives MAN, William CLAY, Carolyn MALONEY, Maxine WATERS, Virginia BROWN-WAITE†- raise questions about the bank bailout.] [Assistant Treasury Secretary for financial stability Neel KASHKARI†- defends the spending to prevent the system from collapse.]

(Studio: Charles Gibson) The federal deficit for November cited.

Gibson, Charles;
Stark, Betsy

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