Bush disappointed by bailout vote, will press ahead

Mon Sep 29, 2008 4:01pm EDT
 
[-] Text [+]

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)

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Bernd Debusmann
A paradox of plenty: Hunger in America

In the world’s wealthiest country, home to more obese people than anywhere else on earth, one in six Americans struggled to feed themselves and their children in 2008. Millions went hungry, at least some of the time. Things are bound to get worse.  Commentary