Boehner: Candidates’ FDIC Proposal Helpful to Bailout Negotiations

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The House Minority Leader issues an afternoon statement praising both McCain’s, Obama’s suggestion the agency raise its bank deposit reimbursement limit from $100,000 to $250,000.

“Increasing the FDIC cap is a proposal put on the table by Roy Blunt and House Republicans but ruled out by Democrats during the negotiations that led to yesterday’s unsuccessful vote.”

Full statement here.

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