Thursday, October 02, 2008

$700 Billion Bailout... Wait There's More (Now $850 Billion)

The Senate raised the FDIC coverage to $250k and added some expiring tax credits to bump up the $700 billion bailout to a price tag of $850 billion.

Some of the other pork in the bill:

$6 million for kid wooden arrows in Oregon
$192 million for production of Rum in Puerto Rico

Here's an article on the topic. Articles really haven't yet caught up yet to updating the price tag.

Wait!! If you act now, we'll even throw in a years supply of "ShamWow."

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