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September 30th, 2008
Posted: 04:09 PM ET

WASHINGTON (CNN) — Several Democratic House members compiling an alternative to the financial bailout measure defeated Monday said they were pressured to act too quickly.

“The whole bill has been fueled by fear, and hinged on haste,” said Lloyd Doggett of Texas at a news conference Tuesday.

“I think every single member of Congress understands the urgency of this matter and we all want to resolve it, but ladies and gents let me be clear, just because we have an urgent situation doesn’t mean we don’t have to be deliberative,” added Elijah Cummings of Maryland.


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