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Published: September 24, 2008
Bailout plan lacks oversight, Inhofe says
Washington: Senator urges alternative approach
Washington: Senator urges alternative approach
WASHINGTON — Sen. Jim Inhofe said Tuesday he won't support the $700 billion plan proposed by the Bush administration to bail out the troubled financial industry and that he wants to see an alternative approach.
Inhofe, R-Tulsa, said the plan proposed by Treasury Secretary Henry M. Paulson Jr. raises too many questions about how mortgage-related assets would be handled and leaves the power to deal with them in t...
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