financial chaos

It’s not impossible. In an interview with CNBC yesterday, President-elect Barack Obama threw out the $1.3 trillion figure as the upper-end of the suggestions his economic team is hearing from experts.
[I]t’s important to note that every economist, conservative or liberal, at this point agrees that we have to have a substantial recovery plan that helps [...]

Not sure how this is going to fly with Democrats (read: it’s not), but Senate Minority Leader Mitch McConnell (R-Ky.) took to the chamber floor today and, in the middle of a long speech about the importance of bipartisan cooperation in confronting the sunken economy, suggested that the hundreds of billions of dollars expected to [...]