Bailout Plan Talks Advance in Congress

Sep 23rd, 2008 | By David Harper | Category: United States

The New York Times: The Bush administration and Congressional leaders moved closer to agreement on a historic $700 billion bailout for financial firms on Monday, including tight oversight of the program and new efforts to help homeowners at risk of foreclosure.

But lawmakers in both parties voiced anger over the steep cost and even skepticism about the plan’s chances of success.

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