Bush to Quickly Sign Bailout Bill

In a short speech at the White House, President Bush said he would quickly sign the $700 billion bailout bill passed by the House today.

He thanked leaders from both sides of the aisle in Congress. "By coming together on this legislation we have acted boldly," he said.

"There were moments this week when some thought that the federal government could not rise to the challenge. But thanks to the hard work of members of both parties, in both houses, and the spirit of cooperation between Capitol Hill and my administration, we completed this bill in a timely manner," Bush said.

Bush is scheduled to leave for his ranch in Texas this afternoon, but he could sign before he leaves or once he arrives in Crawford.

-- Michael S. Rosenwald

October 3, 2008; 2:26 PM ET  | Category:  business
Previous: Today's Winners and Losers on Wall Street | Next: Bush Signs Bailout Bill Into Law


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thought this was pretty intersting...


scroll down to watch a funny palin video after you read.

Posted by: j.b.wargo | October 3, 2008 2:39 PM

the bailout bill was just passed... we have just nationalized wall street and provided a way out for everyone at the top much to the dismay of you and you and me and everyone else who will never benefit from this. welcome to republican socialism which means the banks profit and we still won't ever have universal healthcare.... my head is reeling at the fact that we just handed a lame duck president with an approval rating of 28% this much money.

Posted by: kheine | October 3, 2008 2:56 PM

Now it's back to Rattlesnake Ranch for some work and quality thunking time. He's going to plot strategy and draw up checks in crayon too. Go ride a horse and work on the barn. It's amazing we even survive sometimes. At least the press gets a break and won't have to follow the weekend circus around town. Go golfing.

Posted by: JD in PA | October 3, 2008 3:05 PM

Democrats for John McCain and Sarah Palin in 2008

Posted by: Cynthia | October 3, 2008 3:37 PM

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