Remember that 863 word bailout bill ?
Well, it’s gotten a little bigger:
A week ago, it totaled just three pages — the White House’s request for $700 billion to rescue tottering financial institutions by buying their devalued mortgage-related assets.
By Monday, after an intense weekend of negotiations, the draft of the bailout legislation before Congress had swelled to 42 pages.
By Friday, after almost a week of marathon talks between Treasury Secretary Henry Paulson and key lawmakers in both parties, the working version was up to 102 pages.
It likely will grow even longer as negotiators continue to tweak the proposal this weekend, adding and subtracting key elements.
Of course it will.
