LAT: Where did 700 Billion Come From?

September 29, 2008

If this is true, this will get people up in arms.  Andrew Malcolm of the LA Times reports:

You know where that very important $700-billion figure came from?


“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

Rasmussen reports that only 32% of people oppose the bailout now.  Drastic fall from last week.


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