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  • Obama asks Congress to back IMF Boost (Here we go again)

    04/20/2009 6:36:15 PM PDT · by GVnana · 21 replies · 767+ views
    Breitbart.com ^ | 4/20/2009
    The US Capitol in Washington. President Barack Obama Monday asked Congress ... G-20 Leaders Agree to Dole Out $1 Trillion to IMF & World Bank President Barack Obama Monday asked Congress to back an expansion of an IMF emergency fund by 500 billion dollars in a move designed to expand its reach to big emerging market nations. Obama also asked lawmakers to approve a US contribution to the fund to 100 billion dollars, as part of the plan to swell International Monetary Fund reserves agreed at this month's Group of 20 summit in London. The president made the request in...