A Bailout the President Couldn't Refuse

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Democrats say the new housing bill will help the housing market and the economy as a whole, but President Bush will sign reluctantly and against the wishes of many Republicans. Will lenders agree to restructure loans on homes facing foreclosure?  Will backing Freddie and Fannie put taxpayers at risk?  Also, a female suicide bomber kills dozens in Iraq, and Denver really wanted the Democratic National Convention, but there's a lot the city didn't count on--like a presidential candidate who can pull an audience of 80,000 people.

Credits

Host:
Warren Olney

Producers:
Christian Bordal, Frances Anderton