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Title: Paulson, Bernanke brief lawmakers on bailout (Reuters)
Tags:capitol hill & democrats & federal reserve & federal reserve chairman & federal reserve chairman ben bernanke & field questions & financial bailout & henry paulson & treasury secretary henry paulson & u s treasury
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Treasury Secretary Henry Paulson looks over his entourage after announcing that the Treasury Department will take equity stakes in potentially thousands of banks totaling about $250 billion at the Treasury Department Cash Room in Washington, October 14, 2008. Standing besides Paulson, (2nd L-R): Federal Reserve Chairman Ben Bernanke, President and CEO of the Federal Reserve Bank of New York Timothy F. Geithner, OCC Comptroller John Duggan and SEC Chairman Christopher Cox. (Hyungwon Kang/Reuters)Reuters - U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke came to Capitol Hill on Monday to field questions from leading Democrats on how the $700 billion financial bailout bill is working.


Title: Showdown looming in Congress over automaker rescue (AP)
Tags:auto industry & bailout & day of reckoning & democrats & dinosaur & hardline & lame duck session & lame duck session of congress & opponents & wall street
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General Motors headquarters is seen October 26, 2008 in Detroit, Michigan. Picture taken October 26, 2008. (Rebecca Cook/Reuters)AP - Hardline opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week's lame-duck session of Congress.


Title: Retail sales sink as Dems seek auto industry loans (AP)
Tags:alarm bells & auto industry & bush administration & congress & democrats & economy & emergency loans & opposition & policymakers & recession & retail sales
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Chevrolet sales manager Tom Callahan, left, shows Edward Dollard a 2008 Cadillac DTS Wednesday, Nov. 12, 2008, in downtown Los Angeles. Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending. (AP Photo/Ric Francis)AP - The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. Confronting opposition by the Bush administration, Democrats in Congress said they would try next week to pass $25 billion in emergency loans for the auto industry, so wobbly that one or more of Detroit's Big Three could go under.


Title: McCain asks Georgia voters to back Sen. Chambliss (AP)
Tags:defense spending & democrats & georgia voters & gop & john mccain & republican john mccain & runoff & saxby chambliss & sen saxby chambliss
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Sen. John McCain (R-Ariz) greets supporters after a rally for Sen. Saxby Chambliss (R-Ga.) Thursday, Nov. 13, 2008 in Atlanta. (AP Photo/John Bazemore)AP - Republican John McCain implored Georgia voters Thursday to back Sen. Saxby Chambliss in next month's runoff, warning that Democrats will increase taxes and cut defense spending and the GOP needs to strengthen its ranks.


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