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Breaking: Bailout Deal tentatively agreed upon, to go to Paulson.
RedState: Conservative News and Community — ... WASHINGTON (AP) - Warned that time was running short to bolster the distressed economy, congressional Republicans and Democrats reported agreement in principle Thursday on a $700 billion bailout of the financial industry, and said they would present it to the Bush administration in hopes of a vote within days. UPDATE: Via Jake Tapper and ...

Breaking: Basic deal on bailout reached
Hot Air » Top Picks — ... Just a skeleton right now. They’ll spend the next few days adding muscle, including how the funds will be phased in and whether the feds will be merely purchasing debt or going the whole nine socialist yards and buying up failing companies themselves. The group broadly agreed there was a need for: 1) a panel to conduct oversight of how the vast sums of taxpayer cash are spent; 2) taxpayer protections — a way for taxpayers to receive some equity, through warrants, in the companies receiving government aid; 3) limits on executive compensation for officers of the companies ...