Kerry: Obama Within Hours Of Decision On Bailout Funds

Kerry: Obama Within Hours Of Decision On Bailout Funds

President-elect Barack Obama vowed to restructure a financial rescue plan to save more U.S. families from home foreclosures, as he considered on Sunday whether to seek additional funds from a $700 billion bailout program.

Obama's aides have been in discussions with the White House over whether President George W. Bush should ask Congress for permission to use the remaining $350 billion of the funds, which are aimed at stabilizing the financial system.

Popular in the Community

Close

What's Hot