answersLogoWhite

0


Best Answer

The Emergency Economic Stabilization Act of 2008 commonly referred to as a bailout of the U.S. financial system, is a law authorizing the United States Secretary of the Treasury to spend up to US$700 billion to purchase distressed assets, especially mortgage-backed securities, from the nation's banks. The Act was proposed by U.S. President George W. Bush and Treasury Secretary Henry Paulson during the global financial crisis of September-October 2008.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much money was the last stimulus for in 2008?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If you filed a 2008 tax return how much would your stimulus check be?

if you filed a 2008 tax return how much would your stimulus check be?


How much money did Nike make in 2008?

How much money did nike make in 2008?


How much money has Mccain spent on 2008 presidency And how much money do you think he will spend before he gets elected?

IDK but its definatly not 1 dollar like the last person said.... when i find out I'll tell you


How much money did Tiger Woods make on the PGA Tour last year?

$5,775,000 on the 2008 PGA Tour, but he only played half a season.


How much money has Tiger Woods made in 2008?

$110 million in 2008.


How much money is generated on the Olympics 2008?

Plenty. -_-


How much money has Obama spent since in office?

$2.7 billion spent in 2009. $700 billion allocated for stimulus in 2009.btw- $445 billion spent in 2007 and $1.7T spent in 2008 under Republicans.http://money.cnn.com/news/storysupplement/economy/bailouttracker/


How much money did Costco make last year?

How much money does Costco mak a year ?


What do you need to file for stimulus refund for year 2013?

t do you file to recieve a stimulus check for a single person how much willit be


How much money did the 2008 x-files movie make?

The x-files movie in 2008 made $20,981,633. This was not enough to recoup it's budget of $30,000,000 sadly and will likely be the last X-files move ever made.


How much money did beyonce make in 2008?

Between 2008 and 2009 she had an earning of $87 million.


How much is 25000000 in 1892 worth in 2008?

A lot of money!!