Detailed text transcripts for TV channel - CNN - 20100422:23

Detailed text transcripts for TV channel - CNN - 20100422:23:06:00

risks. he has lent an enormous amount of money but only on very secure basis. but some other chairmen of the fed could use section 133 in the future. country blame the existence of that section on this bill, but this is a bill that can cut back the bailout powers of the executive branch. >> let me bring newt conversation, dana. based on your reporting, the change that congressman sherman outlined that coxman dodd agreed to, that would be the sticking points of republicans in the negotiation, mr. president, down the get one of our votes let alone 10, 12, 15 of our votes. is that going to be enough? >> there is a lot of issues. that is a big issue. you heard mitch mcconnell, the republican leader talking about the fact that there still are taxpayer bailouts in this bill this whole issue of the fdic, meaning you and me, the taxpayer being on the hook for creditors was still a big issue. we feel that that was pretty much taken care of.

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