After a weekend of political drama and late-night negotiations, Congress took up the latest version of the Wall Street rescue plan. With a price tag of $700 billion, nobody said they liked it, but supporters insisted the American people would be worse off without it. Opponents said it would never work. We hear the latest about what's in the plan and why is has just filed to pass a vote in the House. After their first debate, with no knockouts and no big mistakes, John McCain and Barack Obama are both claiming they made the bailout better. We hear from them.
The Rescue Plan and Its Possible Consequences
Credits
Guests:
- James Politi - US Economics and Trade Correspondent, Financial Times
- James Barth - former Chief Economist, Office of Thrift Supervision
- James Galbraith - University of Texas, Austin
- Mark Barabak - LA Times political columnist - @markzbarabak
- Jennifer Rubin - Washington Post - @JRubinBlogger
- Tom Schaller - Professor of Political Science, University of Maryland