$700 billion bailout : the Emergency Economic Stabilization Act and what it means to you, your money, your mortgage, and your taxes / Paul Muolo.

Author: Muolo, Paul.

Publisher: Hoboken, NJ : Wiley, c2009.

ISBN: 0470462566 (pbk.)
9780470462560 (pbk.)

Description: xi, 187 p. ; 23 cm.

Subject: Economic stabilization United States.
Government lending Law and legislation United States.
Federal aid United States.
Mortgage banks Law and legislation United States.
Foreclosure United States.
Banking law United States.
Deposit insurance United States.
Alternative minimum tax Law and legislation United States.

Summary: "Is America a sinking ship? With the economy in the midst of crisis, the United States government has approved an unprecedented $700 billion bailout of the battered financial industry. $700 Billion Bailout is an analysis of the controversial Emergency Economic Stabilization Act and explains in easy to understand language what the bailout bill means for individuals. The bill...will include tax breaks shielding millions of taxpayers from the alternative minimum tax this year, increase FDIC insurance for bank deposits..., and provide support for Wall Street's floundering financial institutions..."--P. [4] of cover.