Federal Reserve

The differences between the programs of economic stimulus approved by both cameras are mainly in the destiny of those bottoms. Whereas the House of Representatives approved fiscal exemptions by an amount considered in US$ 182,300 million, the Senate contemplates in the project that finishes approving, exemptions by value of US$ 292,500 million. On the other hand, in relation to the cover of health, work and education, the text of the Senate destines US$ 66,800 million to be destined, whereas the document approved by the House of Representatives stipulates an amount of US$ 92,300 million. The Plan of Recovery and Reinvestment for EE.UU includes renewable infrastructure investments, energies and transport, besides aid to the states that are having problems to fulfill their budgets. The estimations realised by the own American president indicate that the plan will save or create between three and four million uses. In relation to the plan of financial rescue esteem that the same could mobilize near US$ 2 trillions in public and deprived money. In the plan of rescue of the banking sector, there will be a program for the purchase of toxic assets that will catch private bottoms and it will begin with a US$ investment 500,000 million.

Possibly 1 trillion will be extended until US$. Of complementary way to plan of rescue of the banking sector, the Federal Reserve will endorse new credits until US$ 1 trillion. The plan has stipulated in addition to take part in the real estate market (by an amount among US$ 50,000 and US$ 100,000 million) with the intention of avoiding that the families undergo the embargo of their houses and they even can accede to the refinancing of his hypothecating credits. With this plan for the banking sector it is tried to clean the balance of the organizations to avoid new episodes of crisis, to obtain that the same fulfill their aim that is to generate financing.