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Bush disappointed by bailout vote, will press ahead

WASHINGTON
Mon Sep 29, 2008 4:01pm EDT

WASHINGTON (Reuters) - President George W. Bush said on Monday he was disappointed that the House of Representatives voted down a $700 billion plan to rescue the financial system but said he would continue to confront the problem head-on.

"We put forth a plan that was big because we've got a big problem," Bush told reporters after a meeting with Ukraine President Viktor Yushchenko. "Our strategy is to continue to address this economic situation head-on and we'll be working to develop a strategy that will enable us to continue to move forward."

(Reporting by Jeremy Pelofsky, Editing by Dan Grebler)


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