Another proposal, advanced by Senator Christopher Dodd, would buy up bad assets, as proposed by the administration, but would give the government the option to acquire stock in the firms receiving help.
She also ran against a proposal advanced by her Republican rival that required voters to show photo identification.
The proposal, advanced by Palo Alto's vice-mayor, travelled far and wide because the numbers seemed preposterous.
"To the extent your proposal advances those initiatives, I am pleased to join and support," Mr. McGreevey wrote.
The impending proposal by the chairman, Christopher J. Dodd of Connecticut, hews in many ways to a proposal advanced last summer by the White House, the people briefed on the legislation said.
While working in the ironworks at Le Creusot, he studied a proposal advanced by his former professor, Claude Burdin, for a new type of waterwheel that Burdin named a "turbine".
He sharply criticized a proposal, advanced by White House officials, to reduce the annual cost-of-living adjustment in Social Security benefits by using a different measure of inflation.
The proposal, advanced by President Dmitri A. Medvedev, has stirred speculation that it is intended to pave the way for his mentor, Prime Minister Vladimir V. Putin, to return to the presidency.
Instead, a 2002 proposal advanced by Crown Prince Abdullah of Saudi Arabia, who is not attending this year and with whom Colonel Qaddafi sparred last year, is being resurrected.
Under the proposal, advanced in a 4-to-1 vote, Wall Street banks will have a three-month grace period before they must run derivatives deals through clearinghouses, which act as a backstop in case one party defaults.
