Bush and Reid Offer Assurances on Bailout Talks

Posted by Kendall Harmon

President Bush and Congressional leaders tried to assure Americans on Friday morning that lawmakers and the administration would be able to come together and reach an agreement on a proposal to rescue the country’s financial system.

“We are going to get a package passed,” Mr. Bush said, a day after an earlier agreement dissolved amid a flurry of political rancor. “We will rise to the occasion. Republicans and Democrats will come together and pass a substantial rescue plan.”

A short time later, the Senate majority leader, Harry Reid of Nevada, made similar assurances. “We’re going to get this done and stay in session as long as it takes to get it done,” Mr. Reid said.

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Filed under: * Economics, PoliticsEconomyThe September 2008 Proposed Henry Paulson 700 Billion Bailout Package

1 Comments
Posted September 26, 2008 at 4:51 pm [Printer Friendly] [Print w/ comments]



1. Sarah1 wrote:

RE: “President Bush and Congressional leaders tried to assure Americans on Friday morning that lawmakers and the administration would be able to come together and reach an agreement on a proposal to rescue the country’s financial system.”

Sad—the financial system doesn’t need “rescuing” .  . .

And their “assurances” thus do not give any confidence at all.

September 26, 5:10 pm | [comment link]
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