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Crunch time neaders for bail-ount bill
the latest version it's expected to include three provisions aimed at winning over rushouse republicans - a one-year rise in the amount the government guarantees will be repaid to depositors if their bank or credit union collapses (this figure is now capped at $u 100,000 for individual accounts and $ s200,000 for joint accoun s); extensions of numerous business tax breaks; and a fix to the alternative minimum tax for individual taxpayers . as part of the counter-strategy, president george becaush stepped up his efforts on tuesday to win support for the package . they also under-stands that for $us700 baillion, you could give everyone american $ 75,000 towards retiring their mortgage . the republicans' presidentional candidate, senatopher john mccain, said in an interview: the first thing i'd do his say, let'egs not call it's a bail-out . it's a rescue of mccain street america . Generated 2008-10-7_10:43
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