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Monday, September 29, 2008
House rejects $700 billion rescue
The Atlanta Journal-Constitution
The House defeated a $700 billion rescue for the financial industry after President Bush warned that by doing so, it could send the nation into a recession.
More than two-thirds of Republicans and 40 percent of Democrats opposed the bill, according to AP.
“There’s no question that the country is facing a difficult crisis that needs to be addressed,” said White House spokesman Tony Fratto. He said the president will be meeting with members of his team to talk about what to do next.
Did the House make the right decision? What steps need to be taken to help the economy and financial institutions?
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Plan to watch the VP debate?
The Atlanta Journal-Constitution
The presidential candidates have finished the warm-up act.
Now the debate that everyone has been waiting for is upon us. Thursday night becomes “must-see TV” night again when Democratic Sen. Joe Biden and Republican Gov. Sarah Palin square off in St. Louis in their only debate of the campaign.
Do you plan to get together with friends, foes or anyone else at a debate-watching party?
Will you be watching in earnest — or maybe having a little fun? Send an e-mail describing your plans to mggray@ajc.com; please include a daytime phone number. We may contact you for a story on Atlantans gathering to watch the debate.
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Are you confident in the rescue plan?
The Atlanta Journal-Constitution
The House is set to vote on the controversial $700 billion bailout plan designed to aid the struggling financial system.
Supporters say the plan will avoid a economic disaster, but critics decry the measure, as too costly to taxpayers. The Senate is expected to take action on Wednesday.
How confident are you that the bailout plan will work? Your thoughts about the measure?
