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Your banking questions, answered
Planet Money
How to Raise the Deposit Insurance Limit to 250k
"We had no plan B. And we sat down and we said, well, we have to get the votes," Aaron Carroll says. "So they bumped the limit from 100k to 250k." The bill came back up for a re-vote? No hearings, no debate, no big question - it passes the Senate. President signs it right away and they go to saving the financial system.
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