By SHERYL GAY STOLBERG and STEVEN LEE MYERS
Published: September 23, 2008
WASHINGTON — With his days in office dwindling, President Bush had scaled back his ambitions even before the Wall Street crisis. Now, economic turmoil has crashed like a wave over his administration, threatening to wash away Mr. Bush’s plans for the remainder of his term.
Barely 10 days ago, White House officials were still talking about the possibility of getting an energy bill through Congress, and just last week the president hosted his counterparts from Panama and Colombia in a bid to persuade lawmakers to pass long-stalled free-trade pacts.
By Tuesday, as Mr. Bush’s top advisers, including Vice President Dick Cheney, struggled to sell a huge $700 billion bailout plan to a skeptical Congress, their final-days priorities were undergoing a stark reordering. The bailout is likely to overshadow anything else Mr. Bush does during his 119 days left in office.
“The bailout’s all that’s left,” said one Republican strategist who has consulted frequently with the administration.
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http://www.nytimes.com/2008/09/24/business/24bush.html?ref=business:nopity: