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Gloomy Prospects for Growth

Federal Reserve Chairman Ben S. Bernanke warned lawmakers that a delay in passage of the proposed $700 billion government bailout "could prove a significant further drag on growth." A look at some of the key indicators he cited:

SOURCE: U.S. Commerce Department, National Association of Realtors | BY BRENNA MALONEY AND TODD LINDEMAN - The Washington Post - September 25, 2008

This Story Bush Calls Bailout Vital to Economy, Will Meet With McCain and Obama Article \| President Bush said yesterday that the credit crisis that has seized world markets could devastate the U.S. economy unless Congress acts quickly to approve a $700 billion bailout plan for the nation's financial system, a message aimed at reluctant lawmakers as much as a deeply skeptical public. President Puts His Powers of Persuasion to the Test Transcript: President Bush Delivers Remarks on the Financial Crisis Full Video: Bush Addresses Nation on Economic Bailout Lawmakers Urge Action on Bailout ANALYSIS: Selfless or Reckless? McCain Gambles On Voters' Verdict Bernanke Warns Of 'Grave Threat' To U.S. Economy Succession at Treasury Emerges as Key Question Possible Successors at Treasury The World View: U.S. Appeals Abroad Fall Flat as Leaders See No Crisis at Home FBI Began Investigating AIG in March Bailout Could Deepen Crisis, CBO Chief Says HOUSING: Anxious Would-Be Home Buyers Sit This One Out Rescue's Rush Puts Lobbyists In a Crunch Timeline: Crisis on Wall Street Gloomy Prospects for Growth This Story Bernanke Warns Of 'Grave Threat' To U.S. Economy Article \| Key supports that have bolstered the U.S. economy through the housing collapse and financial crisis appear to be weakening, making it all the more urgent that Congress quickly approve a Bush administration proposal intended to keep the crisis from spreading, Federal Reserve Chairman Ben S. Bernan... FINANCIAL MARKETS: Fresh Signs of Recovery Or Just Opportunism? The Words Left Unspoken in the Bailout Debate Bailout Proposal Meets Bipartisan Outrage Alternative Solutions Diverge From Administration's Approach Transcript: Pearlstein: Bailout Legislation Timeline: Crisis on Wall Street Lawmakers Urge Action on Bailout Paulson Seeks Quick Passage of Bailout Plan Gloomy Prospects for Growth		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: U.S. Commerce Department, National Association of Realtors \| BY BRENNA MALONEY AND TODD LINDEMAN - The Washington Post - September 25, 2008 ¬es=Federal Reserve Chairman Ben S. Bernanke warned lawmakers that a delay in passage of the proposed $700 billion government bailout 'could prove a significant further drag on growth.' A look at some of the key indicators he cited:" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: U.S. Commerce Department, National Association of Realtors \| BY BRENNA MALONEY AND TODD LINDEMAN - The Washington Post - September 25, 2008 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic		More on washingtonpost.com • More Business News » washingtonpost.com
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