Reuters: Lawmakers Near Deal

From Reuters:

U.S. lawmakers neared agreement on a massive Wall Street bailout plan on Thursday with more protections for taxpayers, giving world stock prices a boost even as data showed the U.S. economy slowing.

Lawmakers hope to reach a bipartisan consensus on a proposed $700 billion rescue for U.S. financial firms in time for a meeting at the White House Thursday afternoon.

If Congress does reach a deal, what would that do to McCain's proposed delay? One assumes he has to withdraw it.



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