CBS Evening News - 2008-09-25

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Read a transcript preview of “CBS Evening News - 2008-09-25” from malgent, uploaded on 2024-09-03.

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Language: English (original, YouTube automatic captions)

[0:02] [Music]

[0:04] this is the CBS Evening News with Katy

[0:10] kurick and good evening everyone it was

[0:12] an extraordinary day in our nation's

[0:14] capital the president of the United

[0:16] States calling to the White House the

[0:18] two men battling to succeed him to deal

[0:20] with a national crisis and on Capitol

[0:23] Hill negotiators working on a bailout

[0:25] package to keep the financial system

[0:27] from collapsing they're still hammering

[0:29] out the det details but Congressional

[0:31] leaders reached agreement on what they

[0:33] say the deal must include minimizing the

[0:35] risk to taxpayers strong oversight of

[0:37] the bailout Program help for homeowners

[0:40] in danger of foreclosure and the $700

[0:43] billion cost of the rescue would come in

[0:45] installments again tonight we have

[0:47] extensive coverage beginning with Bob or

[0:50] on Capitol

[0:52] Hill three hours before Senators Obama

[0:55] and McCain even arrived for the White

[0:56] House Summit Capitol Hill negotiators

[0:59] announced a tenative deal we've reached

[1:01] a fundamental agreement on a set of

[1:02] principles but that apparent

[1:04] breakthrough did not Sidetrack the high

[1:06] powerered photo op the president sitting

[1:08] at the same table with the two men who

[1:09] want his job once again pressed for

[1:12] final passage of the $700 billion

[1:14] Financial bailout we're are in a serious

[1:18] economic crisis in the country and we

[1:21] know we've got to get something done as

[1:22] quickly as possible but the real heavy

[1:24] lifting is being done at the other end

[1:26] of Pennsylvania Avenue where the leaders

[1:28] from congressional finance and Banking

[1:29] Committee commes who hammered out the

[1:31] framework are now work

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