Listen Live
Donate
 on air
    Schedule

    KCRW

    Read & Explore

    • News
    • Entertainment
    • Food
    • Culture
    • Events

    Listen

    • Live Radio
    • Music
    • Podcasts
    • Full Schedule

    Information

    • About
    • Careers
    • Help / FAQ
    • Newsletters
    • Contact

    Support

    • Become a Member
    • Become a VIP
    • Ways to Give
    • Shop
    • Member Perks

    Become a Member

    Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

    DonateGive Monthly

    Copyright 2026 KCRW. All rights reserved.

    Report a Bug|Privacy Policy|Terms of Service|
    Cookie Policy
    |FCC Public Files|

    Back to To the Point

    To the Point

    Lawmakers Announce Deal on Bailout Plan

    The White House, the candidates and the Congress are working together on a massive commitment of public money. Saying that the entire economy is in danger, President Bush told the nation last night that the failure to act now might lead to a panic.

    • rss
    • Share
    By Warren Olney • May 12, 2014 • 1 min read

    The White House, the candidates and the Congress are working together on a massive commitment of public money. Saying that the entire economy is in danger, President Bush told the nation last night that the failure to act now might lead to a panic. The pressure is on as Democrats and Republicans struggle to rescue Wall Street and reassure taxpayers at the same time. This afternoon, Congressional negotiators gave no details, but after hours behind closed doors they emerged to announce they've worked out a compromise. We hear what the latest polls show about public opinion. What's the difference between a "bailout" and an "investment?" With just five weeks left until election day, should John McCain and Barack Obama debate as scheduled tomorrow night?

    The full episode

    2 of 3
    Wall Street, the Taxpayers' Money and Presidential Politics
    1. 1:37Public Reaction, Confusion over the Financial Plan
    2. 7:26Lawmakers Announce Deal on Bailout PlanYou’re reading this
    3. 43:52Pastors to Protest Rules on Political Speech
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • KCRW placeholder

      Dana Milbank

      Washington Post

    • KCRW placeholder

      Norman Ornstein

      American Enterprise Institute / Atlantic

    • KCRW placeholder

      Michael Crowley

      Politico

      NewsNationalPolitics

    The full episode

    2 of 3
    Wall Street, the Taxpayers' Money and Presidential Politics
    1. 1:37Public Reaction, Confusion over the Financial Plan
    2. 7:26Lawmakers Announce Deal on Bailout PlanYou’re reading this
    3. 43:52Pastors to Protest Rules on Political Speech
    Back to To the Point