Congress under Pressure to Pass $700 Bailout Plan

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Treasury Secretary Henry Paulson hit yesterday's TV talk shows and President Bush increased the pressure on Congress today saying that "the whole world is watching" progress on his $700 billion bailout of the financial system. But some key Democrats are not in such a hurry, calling for help for Main Street as well as Wall Street. Peter Gosselin is national economics correspondent for the Los Angeles Times and author of High Wire: The Precarious Financial Lives of American Families.

Credits

Guest:

  • Peter Gosselin - National Economics Correspondent, Los Angeles Times

Host:

Warren Olney

Producers:

Sonya Geis, Andrea Brody