The Hill News

Who is to blame for the state of our national economy is a political football.

No one can argue that the recession that started prior to the Obama administration was owned by the former administration. President Bush responded with the Troubled Asset Relief Program (TARP) that was projected to be a $700 billion effort to avoid a catastrophic collapse of the banking industry. It is now projected to have done its job for less than $100 billion as many of the loans have and are being repaid with interest.

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