McCain, Obama urge bailout action

(02:03) Report

Sep 30 - White House hopefuls Barack Obama and John McCain are urging skeptical Americans to back a $700 billion Wall Street bailout plan.

One option both McCain and Obama are calling on the new bailout bill to include is raising insured bank deposits to 250 thousand dollars -- 150 thousand dollars higher than the current limit.

Katharine Jackson reports from Washington.

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