After a week of political back and forth, leaders of both parties passed what they call a prescription for an ailing economy. House Speaker Nancy Pelosi signed the bill minutes after the vote, and president bush signed it into law a short time later.
President Bush and Treasury Secretary Henry Paulson promised quick action but no guarantees. "It will take some time for this legislation to have effect on our economy," Paulson said. But Paulson adds he's already working out the details to put this plan into swift action.
Reaction varied from one person to the next in Lubbock on the House's passage of the bill.
I asked each person we talked to the same three questions. The first was, do you know about the bail out plan and what it means?
I asked next if they think the plan will affect people here in west Texas.
Lastly I asked if they think it's the job of the government to step in and help big business when big business makes bad decisions.
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