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President Bush addresses the nation on the financial crisis from the White House.

Says $700 billion proposal is "aimed at preserving America's overall economy.”

Says his "natural instinct" is to oppose intervening in the market, but "these are not normal circumstances."

His key audience: House Republicans, without whose votes there will be no deal.

Obama spokesman says the Senator is "encouraged" and "heartened" by Bush's address-- read statement.

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The Political Schedule

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Wednesday, December 2

    • 3:25 pm
    • President Obama meets with Senator Bayh in the Oval Office
    • 4:10 pm
    • President Obama meets with Senator Graham in the Oval Office
    • 7:30 pm
    • Ed Gillespie gives speech on "Rebuilding the Republican Party" at the University of Delaware

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