Pelosi says bailout plan has to pass (Reuters)

September 26, 2008 by Administrator · Leave a Comment 

House Speaker Nancy Pelosi (D-CA) listens to a question during a weekly press conference in the U.S. Capitol in Washington, September 25, 2008. (Mitch Dumke/Reuters)Reuters – House Speaker Nancy Pelosi said on Friday a plan to rescue U.S. financial institutions “has to happen,” but final agreement is up to conservative Republicans who revolted against the plan being negotiated between Congress and the Treasury Department.



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First McCain-Obama debate remains doubtful (AP)

September 26, 2008 by Administrator · Leave a Comment 

AP – The first presidential debate between Republican John McCain and Democrat Barack Obama remained in doubt Friday, the very day it was to be held, embroiled in the same partisan divisions that were holding up a Wall Street bailout plan.
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Lawmakers to tackle bailout plan again Friday (Reuters)

September 26, 2008 by Administrator · Leave a Comment 

President Bush (C) meets with Bicameral and Bipartisan Members of Congress in the Cabinet Room at the White House in Washington, September 25, 2008. Bush is joined by (L-R) Republican presidential nominee Senator John McCain (R-AZ), Minority House leader John Boehner (R-OH), House Speaker Nancy Pelosi (D-CA), House Majority leader Senator Harry reid (D-NV), House Minority leader Mitch McConnell (R-KY) and Democratic presidential nominee Senator Barack Obama (D-IL). (Jim Young/Reuters)Reuters – Congressional leaders will try again on Friday to save a $700 billion Wall Street rescue plan after talks broke down in acrimony against the backdrop of the nation’s biggest-ever bank failure.



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Stage is set but will U.S. debate go on? (Reuters)

September 25, 2008 by Administrator · Leave a Comment 

Democratic presidential nominee Senator Barack Obama (D-IL) speaks to the media at a Washington hotel September 25, 2008, following his meeting at the White House in Washington. (Jason Reed - UNITED STATES US PRESIDENTIAL ELECTION CAMPAIGN 2008/Reuters)Reuters – The stage is set, but it was unclear on Friday if Republican John McCain would show up to duel Democrat Barack Obama in the first of three debates that could help decide a tight White House race.



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