Dodd Says `We've Got Work to Do' for Financial Rescue Accord
By James Rowley
Bloomberg Sep 25 11:56
http://www.bloomberg.com/apps/news?pid=20601087&sid=a1.L1jUOangY&refer=homeSept. 25 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said that lawmakers have ``work to do'' to reach an agreement on a $700 billion financial
rescue plan.
Dodd made his comment this morning before a meeting with Republicans to negotiate an accord
--------
House Financial Services Committee Chairman Barney Frank told reporters last night that House and Senate Democrats had reached a deal among themselves on the legislation. Democrats on Frank's panel and the Senate Banking Committee are meeting today with committee Republicans to try to reach an accord.
Michael Steel, a spokesman for House Republican leader John Boehner, said there ``will not be a final deal as a result'' of the meeting this morning. ``We have made some progress but are not nearly at that point,'' Steel said in an e-mail message last night.
``The package is basically done,'' Representative Paul Kanjorski, a Pennsylvania Democrat, told CNBC today. ``The hard issues are resolved. They have to shake hands. They have to smile and they have to have the photo set.''
==========
Lipstick on a Pig Alert! don't let them change the name from bail-out to rescue!!!!