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wolverine [178]
3 years ago
10

What role did the Congress play in the Great Recession of 2008? (Note which party had a majority in Congress and how that might

have impacted how each president was able to respond.)
History
1 answer:
adoni [48]3 years ago
5 0

Answer:

Congress passed TARP to allow the U.S. Treasury to enact a massive bailout program for troubled banks. The aim was to prevent both a national and global economic crisis. ... Had TARP, ARRA, and the Economic Stimulus Plan not been enacted, the 2008 Great Recession could have morphed into the second Great Depression.

Explanation:

I studied about this a week ago in school.

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