Barack Obama could not get the second half of the money "Paulson Plan"

According to the website CNNMoney.com, the outcome of today's vote on the second 350 billion dollars within the framework of TARP (Troubled Asset Relief Programme - a government buyout program problem assets of financial institutions) may be unfavorable for the U.S. president-elect Barack Obama.

According to the terms on which the U.S. Congress agreed to vote for granted to the Secretary of Treasury Henry Paulson plan of redemption "bad" assets from banks worth 700 billion dollars, getting the second half of the U.S. administration is possible only after the re-approval of lawmakers.

It should be recalled that despite the criticism of TARP, Obama has repeatedly the Bush administration to send a request to Congress for the second half of the money previously approved. George W. Bush, which is formally still performs presidential duties, appealed to the Congress - on behalf of the President-elect Barack Obama - to highlight the second half of the financial package as part of a plan of saving the economy.

Senate majority leader said that the upper house can block the allocation of this money. In an interview with CNN television, he said that party leaders may be enough supporters to vote down the decision, but be sure not.

CNNMoney.com said that the eight senators from the Republican Party led by Senator from Louisiana David Vitterom will do everything to ensure that the Treasury does not go to taxpayers' money to continue funding programs TARP. "We must not give the new administration carte blanche, which provides program TARP" - quoted Vittera site.

The senator was well aware that the rejection of the allocation of money would cause another blow to the economy, but he believes that the program requires a substantial improvement, after which the allocation of money will bring much more benefit. It is these arguments led the Republicans Lower House of Congress voted on Wednesday against the allocation of money the new administration.

"I do not know how we spend, why we are spending and how the money will get back to me no more irresponsible step than voting for the following allocation of 350 billion - CNNMoney.com leads opinion Congressman from Ohio, John Boner

In turn, U.S. President-elect Barack Obama is threatening to veto the decision of the Senate, where it will block the allocation of money.