Politics & Government

September 22, 2008

Democrats battling to add restrictions to $700 billion bailout

Congressional Democrats inched close to agreement Monday on the terms of a $700 billion rescue package to stabilize shaky financial markets, but continued to encounter White House resistance to key points: limits on executive compensation at troubled firms, oversight of the Treasury's management of the bailout, and whether taxpayers would gain an equity stake in companies that benefit from the bailout. .

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