... local taxes for people in states without income taxes, helps Florida and Texas, among others. Increasing the deposit insurance cap was a bid to reassure individuals and small businesses that their money would be safe in the event their banks ...

... bank accounts to stay under the $250,000 limit. Congress as part of the bailout bill temporarily boosted the deposit insurance cap from $100,000 to $250,000. The administration's proposals were explained during a meeting at the Treasury ...