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[samaelrocks]

Congress leaders optimistic on revived bailout
Wednesday October 1, 1:15 pm ET
By Andrew Taylor, Associated Press Writer
Democrats and Republicans in Congress voice optimism about passage prospects for rescue bill


WASHINGTON (AP) -- Congressional leaders said that adding tax breaks and increasing federal deposit insurance should improve chances a $700 billion financial rescue plan will pass the Senate Wednesday night, a message they hoped wouldn't get lost on a convulsive Wall Street.

http://biz.yahoo.com/ap/081001/financial_meltdown.html

Why? Doesn't it stand to reason that millionaires probably already spread their cash out across different banks/accounts so that 100% of that money is covered by the FDIC?

I agree it brings a little confidence to the table but see no reason why that change would push the plan through.

They'll keep molding the plan until it passes, IMO.