Obama Lobbies for TARP Funds, Stimulus Plan

President-elect Barack Obama told Democratic senators in a closed lunch today that he needs the second $350 billion authorized by Congress as part of the TARP legislation last year and that he'll veto any move by Congress to cut that funding off. And Obama was not the only member of the incoming administration trying to sell his plan to Democrats today on Capitol Hill. Larry Summers, the incoming leader of Obama's National Economic Council, met this morning with Democrats on the Senate Finance...Full Story
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