Paulson's $700B sales job

(02:13) Report

Sep 22 - Treasury Secretary Paulson heads to Capitol Hill where he hopes to convince lawmakers to back a $700 billion financial rescue plan.

The hastily assembled plan would give the US Treasury sweeping powers to buy up toxic mortgage-related debt from strapped financial firms, including the American branches of foreign banks.

Deborah Lutterbeck reports.

SOUNDBITE: Andrew Jakabovics of the Center for American Progress

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