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S L Proposal Sparks GOP Opposition Amid Bailout Debate
In Washington liberal Democrats move to require S&L owners to inject $6.4 billion more in capital as a condition of the $143 billion bailout. Rep Henry Hyde chairs an amendment likely to derail Bush's plan as lawmakers decide which of 109 amendments to take up. The debate centers on financing the government share with long term capital bonds costing about $4.5 billion in interest over three years.
MENTIONED IN THIS ARTICLE
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S&ls
Henry Hyde
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