Washington - US President George W Bush on Wednesday said he expected a revised rescue package for the embattled financial industry to pass the Senate, and again warned that only government intervention would stabilize the US economy.
Bush said the 700-billion-dollar bill had been improved since it failed to pass the lower House of Representatives on Monday, sending US stocks to one of their worst trading days in history.
"The bill is different. It's been improved. And I'm confident it will pass," Bush said ahead of a briefing by Afghanistan's NATO commander David McKiernan at the White House.
"It's very important for members to take this bill very seriously," he said. The Senate was preparing to vote Wednesday night.
Washington, Sept. 30 : The House of Representatives vote scuttling the 700 billion dollar financial bailout plan is being described as one of the most stunning debacles of modern times, and the biggest losers seem to be President George W Bush and House of Representatives Speaker Nancy Pelosi.
If House Republican leaders are to be believed, the bill went down because a dozen or so members changed their votes to "no" after partisan remarks by Democratic Speaker Nancy Pelosi offended them.
Washington - US President George W Bush said Monday he was hopeful that Lithuanians will be able to travel to the United States as early as next month without getting a visa.
"You can take back to your people a very positive report about this very important initiative," Bush said during a meeting with Lithuanian President Valdas Adamkus. "And you and your government deserve a lot of credit for it."
Washington, Sep 28 : President George W Bush congratulated the US House of Representatives for passing the Indo-US civil nuclear deal by thumping majority, and urged the Senate to quickly follow suit.
“I urge the Senate to quickly take up and pass this important piece of legislation before their October adjournment,” he said in a statement, as the House approved the implementing 123 Agreement by an overwhelming 298 to 117 vote.
Washington - US legislators worked behind closed doors through Saturday seeking agreement on a US finance rescue plan as a weakened US President George W Bush wrestled with a revolt from within his own Republican ranks on a tense Capitol Hill.
House of Representative Republicans continued to block approval of the mammoth 700-billion-dollar liferaft for the mortgage-debt-gone- bad crisis that has drained credit lines dry and is spreading financial troubles abroad.
Washington, Sept. 30 : The House of Representatives vote scuttling the 700 billion dollar financial bailout plan is being described as one of the most stunning debacles of modern times, and the biggest losers seem to be President George W Bush and House of Representatives Speaker Nancy Pelosi.
Washington - US President George W Bush said Monday he was hopeful that Lithuanians will be able to travel to the United States as early as next month without getting a visa.
President George W Bush congratulated the US House of Representatives for passing the Indo-US civil nuclear deal by thumping majority, and urged the Senate to quickly follow suit.
US legislators worked behind closed doors through Saturday seeking agreement on a US finance rescue plan as a weakened US President George W Bush wrestled with a revolt from within his own Republican ranks on a tense Capitol Hill.
