Your NPR news source

Congressman Expects Long Day of Bailout Talks

SHARE Congressman Expects Long Day of Bailout Talks
Congressman Expects Long Day of Bailout Talks

Danny Davis in 2006 (AP/M. Spencer Green)

Lawmakers are expected to work through the day in the hopes of reaching a deal on a financial bailout package. Chicago Congressman Danny Davis Spoke to Chicago Public Radio from Washington, D.C. this morning, where he’s taking part in negotiations.

Lawmakers are expected to work through the day in the hopes of reaching a deal on a financial bailout package.

Chicago Congressman Danny Davis Spoke to Chicago Public Radio from Washington, D.C. this morning, where he’s taking part in negotiations. He says there’s no telling when a deal might be reached.

DAVIS: It will probably be one of the busiest days of my life... There’s disagreement and a lot of it. A LOT of it.

Davis says House Democrats won’t push a deal through congress without Republican support, and he won’t support a deal without protections for homeowners facing foreclosure. But the Chicago Congressman is confident an agreement will be reached.

DAVIS: We’ve got to do something about it, otherwise I think we do run the risk of a super serious collapse of our economy.

Davis says he hopes a deal will be struck by the weekend.

The Latest