MS. PERINO: I'm just going to say it's important that we get it done as quickly as possible. Secretary Paulson has talked about the concerns across the board with the economy, but certainly with the credit markets that have shown troubling signs of tightening up even more in the past several days. And what that means is that it hurts everybody down the food chain. It hurts people who are trying to get loans for their homes or their businesses; you can't grow your business -- everything that freezes up. And if no one in the financial community trusts each other to lend money, then we're going to have a complete and total financial collapse. And that's what we're trying to -- that's what we're trying to prevent.

So I would say it's critical we get it done quickly. I appreciate that Senator Reid said that they think they can get it done before opening bell on Monday.

seen at 09:00, 26 September in Whitehouse Press Briefings. Email this to a friend.
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