Bush Confident Congress Will Quickly Pass Bailout

By: Associated Press Email
By: Associated Press Email
President Bush says he is confident that congress will pass a 700 billion-dollar bailout bill to deal with the financial meltdown that has shaken the global economy.

President Bush, flanked by Federal Reserve Chairman Ben Bernanke, left, and Treasury Secretary Henry Paulson, delivers a statement about the economy and government efforts to remedy the crisis, Friday, Sept. 19, 2008, in the Rose Garden of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

New York (AP) President Bush says he is confident that congress will pass a 700 billion-dollar bailout bill to deal with the financial meltdown that has shaken the global economy.

Bush is in New York talking with world leaders before addressing the U.N. general assembly today.

He says he has been asked frequently about the U.S. financial problems. Bush says he assured the leaders that the financial package making its way through Congress is “a robust plan to deal with serious problems.” He said there are ideas about how to change it, but that there is a desire to get a package done quickly.


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