Congress Pushes Back on the Bailout

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The Bush White House today warns of economic "calamity" if Congress won't bail out Wall Street, but despite the $700 billion price tag, the leading budget expert in Congress says there's no way to estimate the real cost. Today, Federal Reserve Chair Ben Bernanke told a joint committee of Congress that the economy needs the Wall Street bailout and needs it now.  We hear from skeptical Democrats and Republicans as pressure increases and time grows short.

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Guests:

Host:

Warren Olney