Lawmakers have reached agreement on a bipartisan counterproposal to the
Bush administration’s $700 billion financial bailout plan.
“We’ve reached a fundamental agreement on a set of principles, one, for taxpayers, which is tremendously important,” Sen. Christopher Dodd, D-Conn
Americans
should “legitimately feel better about the overall approach,” said Rep.
Barney Frank, D-Mass., who heads the House Financial Services Committee.
Taxpayers
will be protected under the Congressional version of the bailout, said
Rep. Spencer Bachus, R-Ala., the top Republican on the House Financial
Services Committee
Geez. No words from McCain of how he wrote it singlehandedly on the back of a paper napkin while furiously running down main street in his dash back to Washington? I don’t even see him in the photo?
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