Bush: 'Our entire economy is in danger'

Pressing urgently for a massive financial bailout, President Bush says the nation faces a "long and painful recession" if Congress fails to act. He says "our entire economy is in danger."

Louisiana's Gustav, Ike tab: at least $8 billion

Hurricanes Gustav and Ike left behind at least $8 billion in physical damage in Louisiana and the cost already could be as high as $20 billion, a state agency said.

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