Geithner Extends Bailout Until Next Fall

by John Ydstie, NPR

Treasury Secretary Timothy Geithner is extending the controversial $700 billion Troubled Asset Relief Program through October of next year. In a letter to congressional leaders, Geithner said TARP is still needed to provide capital to small businesses and banks and to provide foreclosure relief to struggling homeowners.

Broadcast Dates

• All Things Considered, December 9, 2009