<em>Patt Morrison</em> is known for its innovative discussions of local politics and culture, as well as its presentation of the effects of national and world news on Southern California.
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Minus a Bailout, What Can the Government Do?





Congress will be back at business Thursday. But without a congressional package in hand, what are some of the other things the U.S. Government can do to keep the economy on an even keel? It can print more money, certainly. Yesterday the Fed announced plans to provide an extra $150 billion emergency lending to banks and an additional $330 billion into foreign central banks to help money markets abroad. But the Government's arsenal is limited...right? What tools are available to the Treasury and the Fed to rescue the global financial system?

* Dan Mitchell, senior fellow at the CATO Institute; former chief economist for the Senate Finance Committee.
* Robert Reich, Professor at the Goldman School of Public Policy at Berkeley. He is the author of "Supercapitalism" and the former secretary of labor under President Clinton. You hear his commentaries on Marketplace.