The Senate voted narrowly today to permit President-elect Barack Obama to spend another $350 billion to stabilize the fragile U.S. financial system.
On a vote of 52 to 42, the Senate defeated a resolution that would have blocked the second half of the money from a $700 billion financial rescue program from flowing to the U.S. Treasury Department.
Read further here Senate votes for TARP Funds
Source: Washingtonpost.com
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