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Congress

Latest Posts

Bush Warns of “Painful and Lasting” Damage if Bailout Not Passed 

Sep 30, 2008By

One day after a proposed bailout package was dealt a stunning defeat in the House of Representatives, President Bush again warned of dire consequences should the U.S. fail to act, suggesting that “the economic damage will be painful and lasting” should Congress fail to pass some sort of bailout package for ailing financial markets.

3d rendering of a row of luxury townhouses along a street

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