Senators resist as bailout plan faces vote
Senators dig in against warnings of recession and job losses if Congress delays the 700 billion rescue. The plan would buy bad mortgages to lift banks’ balance sheets and spur lending, with Democrats pressing for concessions and Republicans resisting earmarks while presidential candidates demand safeguards for taxpayers and executives.
MENTIONED IN THIS ARTICLE
Washington
Congress
Bush Administration
Wall Street
Federal Reserve
Ben Bernanke
Treasury
Henry Paulson
Paulson
United States of America
Bernanke
Nancy Pelosi
Calif
John Boehner
Ohio
Jim Bunning
R-Ky
Barack Obama
John McCain
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