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Economy: Bailout Money / TARP #954296

ABC Evening News for Monday, Dec 07, 2009
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(Studio: Charles Gibson) A statement from President Obama about the less-than-projected cost of the TARP bailout program for banks reported.

(White House: Jake Tapper) The fierce debate over how to spend the TARP money examined; TARP cost statistics cited; details given about how the money could be spent. [OBAMA - says TARP is cheaper than expected.] [Treasury Secretary Tim GEITHNER - cites the resources.] [Representative Mike PENCE; on CNN, former governor Mitt ROMNEY - opposes using TARP for anything but the deficit.] The risky investments that could lose money listed. [GEITHNER - comments on possible loses.] Obama's speech on jobs tomorrow mentioned.

Reporter(s):
Gibson, Charles;
Tapper, Jake
Duration:
00:02:20

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