Bush Bailout Hit by Mutiny From His Own Party

Summary


PRESIDENT Bush admitted he had a 'big problem' yesterday as he tried to quell a humiliating mutiny in his own Republican Party over his [pounds]400billion bailout plan for Wall Street.

With markets around the world plunging back into despair, he pleaded with Congress to 'rise to the occasion' amid a revolt by Republicans on Capitol Hill who fear the bill is too much for taxpayers to bear.

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Extract


Bush Bailout Hit by Mutiny From His Own Party

Amid scenes of high drama, and talk of a 'slanging match', Vice President Dick Cheney was called back to Washington to help paper over the cracks in the Republican Party and strong-arm through the le...

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