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Congress has reversed itself and passed what's now called "economic rescue" plan
-- 263 to 171 -- amid dismal news about employment and California's need for a
big federal loan.
Saying that passage of the bill won't get us out of the recession, Republican
leader John Boehner admitted that "it'll be a whole lot rougher ride if we
don't pass this bill."
Democrat Nancy Pelosi, the House Speaker, acknowledged that in "my own state of
California, officials -- including the governor -- are urgently calling for
federal legislation to avoid economic catastrophe."
Will the bill resolve the credit crisis? Will taxpayers make money on a $700
billion investment? "To the Point" looks at what that could mean for the credit
crunch and the crisis in housing.
Guests:
- Richard Rubin: Economics Reporter, CQPolitics.com
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- Steven "ToDavidoff:
the Point"Professor, Connecticut School of Law
issues
- Robert that attractformer
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Secretary news audience.
of Labor
informative and thought-provoking discussion
Hosted by award-winning journalist Warren Olney, of major news
"To the stories
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and thought-provoking Warren Olney, "To the
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Robert Reich: former Secretary of Labor
that attract a savvy and serious news audience.
-More
Steven
"ToDavidoff:
the Point"Professor, Connecticut School of Law
- Richard Rubin: Economics Reporter, CQPolitics.com
Guests:
crunch and the crisis in housing.
billion investment? "To the Point" looks at what that could mean for the credit
Will the bill resolve the credit crisis? Will taxpayers make money on a $700
federal legislation to avoid economic catastrophe."
California, officials -- including the governor -- are urgently calling for
Democrat Nancy Pelosi, the House Speaker, acknowledged that in "my own state of
don't pass this bill."
leader John Boehner admitted that "it'll be a whole lot rougher ride if we
Saying that passage of the bill won't get us out of the recession, Republican
big federal loan.
-- 263 to 171 -- amid dismal news about employment and California's need for a
Congress has reversed itself and passed what's now called "economic rescue" plan
Bailout bill goes to the White House esuoH etihW eht ot seog llib tuoliaB
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To the Point on 01 October, 2008 10:50:00 00:05:01 8002 ,rebotcO 10 no tnioP eht oT