Bush backs 'bold' $700bn bail-out bill

The $700bn (€487bn) rescue package for the United States’ economy is an “extraordinary agreement to deal with extraordinary problems” in the nation’s economy, US President George Bush said today.

Bush backs 'bold' $700bn bail-out bill

The $700bn (€487bn) rescue package for the United States’ economy is an “extraordinary agreement to deal with extraordinary problems” in the nation’s economy, US President George Bush said today.

Mr Bush was speaking at the White House in a bid to reassure the markets before they opened in New York this morning and ahead of a debate on the bill in the US Congress.

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