BornAgain123
September 30th, 2008, 12:58 AM
By Alison Fitzgerald and Matthew Benjamin
Enlarge Image/Details
Sept. 30 (Bloomberg) -- The U.S. Senate will try to salvage a $700 billion financial-rescue package after the measure was defeated in the House of Representatives. The lawmakers won't have a lot of room to negotiate.
While they need to tweak the legislation enough to win over reluctant Republicans, they'll risk losing votes from Democrats if they veer too far from the delicate compromise that congressional leaders hammered out with the U.S. Treasury.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHYICE9mPE7c&refer=home
Enlarge Image/Details
Sept. 30 (Bloomberg) -- The U.S. Senate will try to salvage a $700 billion financial-rescue package after the measure was defeated in the House of Representatives. The lawmakers won't have a lot of room to negotiate.
While they need to tweak the legislation enough to win over reluctant Republicans, they'll risk losing votes from Democrats if they veer too far from the delicate compromise that congressional leaders hammered out with the U.S. Treasury.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHYICE9mPE7c&refer=home