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The Senate strongly endorsed the $700 billion economic bailout plan Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. ...more
October 2, 2008
Ginny Brown-Waite was among the 228 House members who voted against the $700 billion bailout package for the financial industry Monday, calling the measure "embarrassing" and stomach-turning. ...more
September 30, 2008
Lt. Gen. Martin Dempsey, acting commander of U.S. Central Command, marked the anniversary of the Sept. 11 attacks by addressing ROTC cadets at the University of South Florida. ...more
September 30, 2008
Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after lawmakers insisted on sharing spending controls with the Bush administration. The biggest U.S. bailout in history won the tentative support of both presidential candidates and goes to the House for a vote Monday. ...more
September 28, 2008
Though Sarah Palin depicts herself as a pit bull fighting good-old-boy politics, in her years as mayor she and her friends received special benefits more typical of small-town politics as usual, an Associated Press investigation shows. ...more
September 28, 2008
Sen. Barack Obama says he is set for a presidential debate tonight at the University of Mississippi, the first of three 90-minute debates he is scheduled to have with Sen. John McCain. ...more
September 26, 2008
Sadly, history has a way of repeating itself. It is particularly alarming to note the parallels between the economic crisis that devastated America in the late 1920s and the implosion in the financial markets that is occurring today. What does history teach us about the ingredients common to these parallel crises? And how do our presidential candidates stack up in light of these similarities? ...more
September 26, 2008
President Bush on Wednesday warned Americans and lawmakers reluctant to pass a $700 billion financial rescue plan that failing to act fast risks wiping out retirement savings, rising foreclosures, lost jobs, closed businesses and even "a long and painful recession." ...more
September 25, 2008
WASHINGTON - With extraordinary stakes on the line, President Bush has invited both presidential candidates and the leaders of the House and Senate to the White House on Thursday in hopes of securing a bill to rescue the economy. ...more
September 24, 2008
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