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ASSETS In an effort to cleanse banks' balance sheets, the government will spend up to $1 trillion on a Public-Private Investment Fund that will provide private investors with incentives to acquire toxic assets.
The Treasury and Federal Reserve will jointly spend $50 billion to stem home foreclosures by reducing monthly payments and establishing modification guidelines for existing loans.
RECESSION WATCH
As the economic crisis continues, more households are growing their own vegetables as a way to save cash. Seed sales at two gardening companies, W. Atlee Burpee and Park Seed, have soared 20% in 2009. The National Gardening Association expects home gardening in general to increase 20% this year.
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President BARACK OBAMA, at NATO talks involving over 50 world leaders, describing the withdrawal of 130,000 combat troops from Afghanistan, planned for the end of 2014
