Wall Street, the Taxpayers' Money and Presidential Politics

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After many hours behind closed doors, congressional leaders say they have a plan, and they'll go to the White House to tell John McCain, Barack Obama and President Bush all about it.  Also, what's the difference between a "bailout" and an "investment?" On Reporter's Notebook, the IRS faces a challenge from the pulpit.

After many hours behind closed doors, congressional leaders say they have a plan, and they'll go to the White House to tell John McCain, Barack Obama and President Bush all about it. We hear about the prospects for rescuing Wall Street and reassuring the voters at the same time. Also, what's the difference between a "bailout" and an "investment?" On Reporter's Notebook, 30 ministers plan to endorse a presidential candidate this coming Sunday--during their sermons. Will the Internal Revenue Service crack down?

White House photo: Eric Draper

From this Episode:

Credits

Host:

Warren Olney

Producers:

Sonya Geis, Karen Radziner