Significant bipartisan work has built consensus around dramatic improvements to the original Bush-Paulson plan to stabilize American financial marketsâÂÂincluding cutting in half the Administration's initial request for $700bn (â¬481.7bn) and requiring Congressional review for any future commitment of taxpayers' funds. If the government loses money, the financial industry will pay back the taxpayers.
Three Phases of a Financial Rescue with Strong Taxpayer Protections