Watch CBS News

Bush Acknowledges Bailout Will Be A "difficult Vote"

President Bush urged Congress to pass the bailout bill Monday morning. However, he acknowledged it will be a “difficult vote” for many members.

“Now that this legislation has been agreed to by leaders of both parties, it must be passed by...both houses of Congress,” Bush said in a brief statement at the White House.

“And I fully understand that this will be a difficult vote. But with the improvements made to this bill, I'm confident that members of both parties will support it. Congress can send a strong signal to markets at home and abroad by passing this bill promptly. Every member of Congress and every American should keep in mind: A vote for this bill is a vote to prevent economic damage to you and your community.”

Bush’s full statement after the jump.

 
Continue reading post...

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.