Tuesday, September 30, 2008
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Obama Now Supports FDIC Idea?
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Posted by:
Matt Lewis at
11:14 AM
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According to the AP,
"Republican John McCain and Democrat Barack Obama said Tuesday the government should raise the federal deposit insurance limit from $100,000 to $250,000 as part of a renewed approach to shoring up the U.S. economy."
This idea was proposed by House Republican negotiators on Saturday evening -- but was strongly rejected by Democrats.
This is the first time Obama has called for a specific proposal -- and it is one supported by conservatives. Very interesting, indeed ...
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