Second tranche guaranteed. Obama issues veto threat.

January 13, 2009 - 10:25 pm

Second tranche guaranteed. Obama issues veto threat.

By Kagro X <rss@dailykos.com>, Daily Kos

The second $350 billion tranche (don't you love that word?) is on its way, now practically guaranteed by President-elect Obama's threat to veto any Congressional resolution of disapproval. The original bailout legislation provided for such a resolution as the only method by which Congress could block the disbursement of the second round of funding, and although such resolutions are moving in both houses and likely to get a vote in at least one, no observers I've seen have predicted that either house would be able to override a veto, meaning the money's practically in the pipeline as we speak.

Now here's the kicker: How do we know Obama threatened a veto?

Well sure,

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