On Wednesday night, the US Senate passed, by a margin of 74-25, a renovated version of the same Paulson rescue bill that the House rejected on Monday. The Paulson proposal has stayed relatively intact however, with the central new additions to the bill taking the form of tax breaks and increased federal deposit protection. Ellen […]
Author Archives: Ellen Frank
Ellen Frank is Associate Professor of Economics at the University of Massachusetts, Boston, a member of the Dollars & Sense collective. Author of The Raw Deal: How Myths and Misinformation about Deficits, Inflation, and Wealth Impoverish America , was published in 2004.
