Bailout deal breaks down; talks to resume Friday - News, Weather, Sports, Toledo, OH

Bailout deal breaks down; talks to resume Friday

WASHINGTON (AP) - Negotiators have gone home for the night, without agreement on a financial rescue plan.

Congressional leaders had said earlier there was a tentative agreement. But a revolt by Republican conservatives forced lawmakers and administration officials back to Capitol Hill.

It appeared the agreement was headed toward approval before a White House meeting also attended by Barack Obama and John McCain. That's when it was obvious there were conflicts.

That forced the return to Capitol Hill for an 8 p.m. meeting. But the effort stalled after about two hours.

Democrats blamed the House Republicans for the apparent stalemate. Those conservatives have complained that the plan would be too costly for taxpayers and would be an unacceptable federal intrusion into private business.

The talks are scheduled to resume tomorrow morning.

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