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Bush / Savings and Loan Plan #118638

ABC Evening News for Wednesday, Jan 25, 1989
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(Studio: Peter Jennings ) President Bush, Congress and economy noted. Report introduced.

(DC: Brit Hume) Treasury Department plan to financial bailout of savings and loan insts. by depositor-paid insurance premiums featured. [On "Good Morning American", Treasury Secretary Nicholas BRADY - says it would be revenue generated for services rendered.] Stmts. by White House spokesperson Marlin Fitzwater, President Bush and White House chief of staff John Sununu about S&L bailout plan detailed. [Senators Alan CRANSTON, Alan DIXON - oppose depositor-paid insurance] Reaction to this "trial balloon" reviewed.

Hume, Brit;
Jennings, Peter

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