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Economy: Savings and Loan Bailout #570525

NBC Evening News for Saturday, Aug 05, 1989
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(Studio: Maria Shriver) House of Representatives reported finally approving bailout plan for savings and loan industry Report introduced.

(DC: Henry Champ) S&L bailout bill featured; details given of efforts by President Bush to keep bailout costs outside the budget; scenes shown from Congress [Representative Charles SCHUMER - says president does not want public to know what real budget deficit is.] [Representative David DREIER - comments on bill.] Criticism by key Congressmen of off-budget proposal detailed. [Representative Leon PANETTA - opposes off-budget plan.] [Representative Barney FRANK - says bill is best we can do.]

Champ, Henry;
Shriver, Maria

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