"One day after President Bush said the nation's economy is at grave risk, the high-stakes negotiations over the proposed $700 billion bailout of the financial system ended in chaos on Thursday.
Lawmakers bickered over competing counterproposals and hours of meetings between key lawmakers broke down without any progress late into the evening.
A meeting at the White House between President Bush, congressional leaders and the presidential candidates was meant to speed approval of an agreement. Instead, the session revealed deep divisions between Democrats and House Republicans."
Click below to read more...
Lawmakers split over bailout
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment