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Democratic House Speaker Nancy Pelosi said "great progress" had been made during a night of marathon talks - but details remain to be worked out.
Senior Republican and Democratic leaders have been trying to agree on buying bad debt that is freezing up financial markets.
The Bush administration wants $700bn (Ј380bn) to help the finance sector.
Negotiators want to have the outline of a deal to reassure the markets before they reopen on Monday.
But House Republican leaders have criticized some elements of the administration's proposal.
(BBC)
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