CBS Evening News - 2008-10-03
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Read a transcript preview of “CBS Evening News - 2008-10-03” from malgent, uploaded on 2025-09-14.
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Language: English (original, YouTube automatic captions)
[0:02] Tonight, the rescue bill is now law. The
[0:05] government will spend nearly a trillion
[0:07] dollars to prop up the financial
[0:09] industry and jump-start the economy.
[0:12] I'm Katie Couric. Also tonight, no
[0:14] bailout for the hundreds of thousands of
[0:16] Americans now out of work. The worst job
[0:19] losses in 5 years, and California could
[0:22] run out of cash in a matter of weeks.
[0:25] Grading the debate.
[0:27] >> I may not answer the questions the way
[0:29] that either the moderator you want to
[0:30] hear, but I'm going to talk straight to
[0:31] the American people.
[0:32] >> I don't know what it's like to have a
[0:33] child you're not sure is going to
[0:36] is going to make it.
[0:39] I understand.
[0:39] >> What they got right, what they got
[0:41] wrong, and how the voters may decide who
[0:43] won.
[0:45] Plus, Assignment America, the party of a
[0:48] lifetime, more than 30 years in the
[0:50] making with an unbelievable twist.
[0:57] >> This is the CBS Evening News with Katie
[1:00] Couric.
[1:03] >> Good evening, everyone. With the economy
[1:05] on seriously shaky ground, the House
[1:07] took a major step today to try to stop
[1:09] the bleeding. It approved the revamped
[1:11] bailout plan for the financial industry.
[1:14] 58 members who had voted no on Monday
[1:16] voted yes today. Just 90 minutes later,
[1:19] President Bush signed the measure into
[1:21] law, but also pointed out the economy
[1:23] still faces some serious challenges. Bob
[1:26] Orr begins our coverage from Capitol
[1:28] Hill.
[1:31] >> Under pressure from skittish markets and
[1:33] voters worried about layoffs and
[1:34] dwindling nest eggs, the House reversed
[1:37] course.
[1:37] >> There aren't many times we get a second
[1:39] chance to do the right thing.