Talks Continue

WASHINGTON (AP) -- President Bush told Congress Friday it must "rise to the occasion" and pass legislation bailing out the struggling financial system, and leading lawmakers arranged to resume difficult negotiations.

Treasury Secretary Henry Paulson, struggling to keep an emerging bipartisan accord on the plan from imploding, was set to attend the restart of talks at midday. House Republicans said they would send a top leader to the closed-door session after the House GOP earlier boycotted bargaining on an emerging bipartisan agreement, calling it unacceptable.

http://biz.yahoo.com/ap/080926/financial_meltdown.html

So the two parties are still talking but they can't agree on what they want to do. There's Republican support for an alternative bill, so they're trying to incorporate elements of that bill into the current one supported by Democrats. With any luck they'll figure out something they're both happy with.