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A proposal to claw back funds for public media has already passed the House of Representatives. Montana Public Radio and stations across the country receive critical federal funds to strengthen our work. The Senate could vote on the proposal in the coming days. To add your voice in support of Montana Public Radio visit Protect My Public Media.

Fed Unveils Two Programs To Get Credit Moving

The Federal Reserve and Treasury Department introduced two programs Tuesday designed to get credit moving again. The government is buying up to $600 billion in mortgage-backed assets. Also, there is a $200 billion consumer loan program to help unfreeze the market that backs consumer debt like credit cards and auto loans.

David Wessel of The Wall Street Journal talks with Steve Inskeep about the new programs.

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