US lawmakers will decide and vote today the proposed $700 million bailout fund in relation to its efforts of saving the financial crisis in the US.
"We've made great progress," House Speaker Nancy Pelosi told reporters after the talks concluded Saturday night.
Paulson lobbied hard for the package — the largest bailout in U.S. history — saying it would keep credit markets from grinding to a halt under the burden of bad mortgage-backed bonds created by banks at a time when it looked like home prices had nowhere to go but up.
Congress was racing to reach an agreement before Asian financial markets open Monday to avoid a repeat of last week's white-knuckle volatility.
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