Debate Threatens to Delay $700 Billion Bailout Plan
504 views · Published 23 September 2008 · 2:20 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
After a brief spurt of optimism last week, the tumult continued on Wall Street. All the major U.S. indexes saw sharp declines Monday as investors waited for signs that Congress will follow through on a massive economic restructuring plan. Although the plan for the US government to take over bad loans appears to have calmed markets overseas, some analysts say the sheer size and scope of the bailout could delay passage on Capitol Hill. VOA's Mil Arcega reports.
