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No deal reached at White House, officials say

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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 05:01 PM
Original message
No deal reached at White House, officials say
WASHINGTON (MarketWatch) -- President Bush was unable to seal a deal between Republicans and Democrats on his $700 billion mortgage rescue plan, officials said. "It was not a negotiating session," said House Democratic Leader Steny Hoyer. The two presidential candidates, Sen. John McCain and Sen. Barak Obama, attended the meeting but left the White House without talking to reporters. A revolt among House Republicans appears to have emerged as the key stumbling block. Hoyer said that some plans have recently been put on the table that even Treasury Secretary Henry Paulson hasn't seen. "On our side, there is a consensus on how to go forward, we'll have to see if that consensus can grow," Hoyer said. It was up to Bush to talk to Republicans, he added.
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http://www.marketwatch.com/news/story/no-deal-reached-white-house/story.aspx?guid=%7BCB77FD43-631D-469A-B74E-CECC019DBD15%7D&dist=msr_1


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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 05:03 PM
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1. The market is stabilizing....
no time to back down, it's deal or no deal. No more compromise. In fact let's go back and insert some of the stuff the Repubs took out.
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Mojorabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 05:53 PM
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2. Nothing has stabilized.
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