GOD BLESS THIS WOMEN!!!! :cheers: <object width="425" height="349"><param name="movie" value="http://www.youtube.com/v/S27yitK32ds&hl=en&fs=1&color1=0x2b405b&color2=0x6b8ab6&border=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/S27yitK32ds&hl=en&fs=1&color1=0x2b405b&color2=0x6b8ab6&border=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="349"></embed></object> hsnap: George Bush today urged Congress to swiftly push through the bail-out bill that would authorise the government to buy $700billion (£387bn) of "toxic" debt. The bill is an attempt to restore confidence in beleaguered markets on both sides of the Atlantic and clean up the US financial system. In a brief statement - aimed both at the politicians who will begin debating the measure later today and the public - the US president said support for the deal would "send strong signals to markets both home and abroad". "A vote for this bill is a vote to prevent economic damage for you and your communities," he said. Congress is due to begin debating the 106-page bill on the controversial financial sector rescue package today, with the Senate expected to schedule a vote on Wednesday. Suzanne Goldenberg reports on the compromise deal between congressional leaders and the White House Link to this audio The debate follows a week of intense bargaining to produce a more accountable package. Political reaction to the proposals has been mixed. Democrats have been more supportive of the need for a rescue plan, while Republicans were quick to reject the initial proposals. However, their backing for the latest package saw the bail-out bill pass its first major hurdle. Concerns over the legislation's passage through Congress hit stock market confidence today. London's FTSE 100 index dipped more than 3.5%, with banking shares particularly affected, while Wall Street was expected to suffer when trading opened. Bush said he was confident that the new version of the bill would be backed by Congress, and told US voters the rescue plan was the right step to take to prevent the financial crisis from spreading across the economy. He admitted that the bill was bold and would be a difficult vote - especially during an election year - calling it "an extraordinary agreement to deal with extraordinary problems". "With this strong and decisive legislation, we will help restart the flow of credit so American families can meet their daily needs and American businesses can make purchases, ship goods and meet their payrolls," he said. The president argued that the checks written into the legislation would ensure US taxpayers benefited from a number of safeguards. He said he expected "much, if not all" of the $700bn cost to the taxpayer to be paid back. Nevertheless, he warned that, even with a bail-out, the US would still face serious challenges as the housing market crash continued to put pressure on the economy. "I'm confident that, in the long run, America will overcome these challenges and remain the most dynamic and productive economy in the world," he said. Bush praised leaders "on both sides of the aisle who came together when our nation was counting on them" during the "sometimes difficult" negotiations. The final proposal would allow the US treasury to buy up distressed mortage-backed securities held by financial institutions. The government would later resell the assets after they had recovered much of their value. Nancy Pelosi, the House speaker, said the treasury would post details of all transactions on the internet within 48 hours. In a major concession, the bill will set limits on salary packages for Wall Street executives whose companies benefit from the legislation. The Democrats have the votes to push the measure through Congress - but that could be politically risky in an election year. Public resentment at the idea of a rescue package for Wall Street is growing, but leaders are arguing that a bail-out will benefit ordinary Americans.