Agreement Made In Bailout
Key lawmakers have reported an agreement in principle on a bailout of the financial industry designed to avert a deeper economic crisis, reports the AP.
Emerging from a two-hour negotiating session, Sen. Chris Dodd said, “We are very confident that we can act expeditiously.”
Sen. Bob Bennett, a Utah Republican, told reporters: “I now expect that we will indeed have a plan that can pass the House, pass the Senate (and) be signed by the president.”
Related:
Concessions Made In $700 Billion Bail Out Plan
Nation’s Top Economic Advisors Urge Congress To Move Fast on $700 Billion Bailout
Bailout Plan Received With Anger & Skepticism
NANCY PELOSI: We Will Not Simply Hand Over $700 Billion To Wall Street
