Sections

Weather Forecast

Close
Advertisement

WI Congressional delegation not endorsing bailout

Email

None of Wisconsin's federal lawmakers are ready to endorse the $700 billion financial industry bailout that was hammered out Thursday but appeared doomed last night.

U.S. Rep. Paul Ryan, R-Wis., Janesville, joined other House Republicans in proposing an alternative.

It would have the government sell insurance for mortgage-backed securities and taxpayers would only cover the securities which default. About half those securities are already federally-insured.

Get the full story
Subscribe or Log In

Advertisement
Advertisement
Advertisement
randomness