Sen. Chris Dodd (D-CT), last seen just yesterday thundering in Banking Committee hearings that there was no way Congress would come to terms with the White House and Cabinet on a bailout plan for Wall Street (“What they have sent to us, this is not acceptable!”), just executed an impressive about-face.
Sen. Dodd just announced that Democrats and Republicans in Congress had reached an “agreement in principle” on a bill to pass in the House and Senate and send to the President to sign. Rep. Barney Frank (D-MA) commented that “there really isn’t much of a deadlock to break.”
What a difference a day makes. Hot Air has more.
My own input below the break.