After a breakthrough on a $700 billion Wall Street bailout, lawmakers and the Bush administration now must settle the final details on a rescue intended to keep credit flowing and avert a crippling recession.
“We’ve made great progress. We have to get it committed to paper so that we can formally agree,” House Speaker Nancy Pelosi, D-Calif., told reporters in announcing the tentative deal early Sunday.
Congressional leaders hope to have a House vote on the measure Monday, with a vote in the Senate coming later.
“We’ve still got more to do to finalize it, but I think we’re there,” said Treasury Secretary Henry Paulson, who participated in the negotiations in the Capitol.
“We worked out everything,” said New Hampshire Sen. Judd Gregg, the chief Senate Republican in the talks.
(Associated Press)
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2 Responses
I wonder how much money ACORN will get now? BH the Republicans stopped it till now. I dont have money for Yom Tov let alone to pay off the “mistakes” of the libs.
mark levin, you sound like the radio talk show that I enjoy listening to so much. I want to know how much will it cost the American tax paying public like me? Yes raboisai, I may be a grandmother but I still pay taxes.