Tuesday, October 14, 2008

News Update

Budget Deficit

-CNN.com reports the budget deficit is the highest in history and is expected to climb next year due to the $700 billion bailout plan.


Stock Market

-After a historic rise on Wall Street, CNN.com reports a plummet in stocks today.


McCain Economic Plan

-Republican presidential candidate John McCain announced his economic plan. The Washington Post reports McCain proposed $52 billion in tax breaks.

President Bush response to bailout



Bailout becomes buy-in as feds move into banking from Associated Press

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