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Failure Of Bailout Bill Recapped

MELISSA BLOCK, host:

From NPR News, this is All Things Considered. I'm Melissa Block. A reminder of our top stories today. The financial bailout bill has been defeated in the House, a huge blow for the Bush administration and for members of Congress who've been negotiating the deal, and that vote sent the markets plummeting. The Dow closed down more than 770 points. That's the largest one-day drop, counted in points, ever. In percentage terms, it approaches the decline of the day markets opened after September 11th. Transcript provided by NPR, Copyright NPR.

NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.