UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who has covered Washington under nine presidents and edited alternative journals since 1964. The Review has been on the web since 1995. See main page for full contents

January 16, 2009

NEARLY TWO THIRDS OF AMERICANS DON'T AGREE WITH OBAMA ON TARP

Gallup - A majority of Americans (62%) say Congress should block President-elect Obama's request to release the remaining $350 billion in Troubled Asset Relief Program funds until more details are provided about how the funds will be spent. The rest of Americans are split between saying the funds should be released immediately and saying they should not be released at all. . . The differences by political orientation in response to this question are not as large as one might expect or as large as is typical in such situations, particularly given that the survey question explicitly referred to Obama in connection with allowing the release of the funds.

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