Head of the national Economic Council, Larry Summers, says the Obama administration will lay out an appoach to help housing with two weeks, he tells CNN.
The President has been telling us for days that “delay means deepening disaster” (except when his administration delays anouncements, apparently.
Obama speaks this evening on the need for the stimulus package at 8 pm Eastern Time, 01.00 GMT. Expect ears overseas to be very attuned to comments on growing protectionist tendencies in this legislation and elsewhere.