White House scrambles to get rescue plan moving

(Agencies)
Updated: 2008-10-13 20:58

"We're beginning a downward spiral, not just in finance ... but in the whole economy. We need quick action," Schumer said on ABC's "This Week."

Schumer and other Democrats lined up behind House Speaker Nancy Pelosi's plan to bring lawmakers back to Washington after the Nov. 4 election to work on a second economic relief plan of up to $150 billion. It would extend jobless benefits, increase food stamp funding and finance government construction projects.

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