Bailout bill best chance to ease credit crisis: Bush

Thu Oct 2, 2008 4:54pm BST
 
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WASHINGTON (Reuters) - President George W. Bush on Thursday said the $700 billion financial bailout legislation before the House of Representatives was the best chance for easing the current credit crisis.

"The bill that's before the House of Representatives tomorrow is a bill that has got the best chance of providing liquidity, providing credit, providing money so small businesses and medium-sized businesses can function," he said after meeting with representatives of small businesses.

The Senate approved the legislation late Wednesday.

(Reporting by Tabassum Zakaria; Editing by James Dalgleish)

 

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