"Bailout Bill" Hits a Snag

Democrats Say Rescue Plan Talks Snagged After Meeting (Update3)
By Ed Chen and Julianna Goldman

Sept. 25 (Bloomberg) -- Negotiations on a $700 billion financial-rescue plan hit a snag after a White House meeting that included presidential candidates John McCain and Barack Obama.

Senate Banking Committee Chairman Christopher Dodd said the agreement in principle he had reached earlier in the day with some Republicans was later undermined by a proposal offered by House Republicans led by Representative Eric Cantor.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aFT34vlCpp5E&refer=home