Acowsed News Today

Heres a flashback to the last federal bailout, which was signed 35 years ago on this days in 1978. >> on the steps of city hall in new york this afternoon, president carter signed into law a bill to keep the city from going bankrupt. with this law, the federal government guarantees more than 1.5 billion of loans to the city over the next four years. the white house decided it should be done outside where itled draw a large crowd, an effort in the white house to portray firm presidential action. ...