AP Poll: Most Americans Oppose Bailout

by Walter Alarkon - 09/26/08 1:17 PM ET

Just 30 percent of U.S. adults support the Bush administration’s proposed $700 billion bailout plan, according to an Associated Press-Knowledge Networks poll.

More people — 45 percent — said they oppose the plan, and 25 percent said they were undecided.

But a majority of adults, 57 percent, said that a bailout plan is needed to prevent a serious recession. Just 35 percent, however, said that the proposal would solve the financial crisis.

The poll was conducted via telephone calls and Internet surveys on Thursday, the day lawmakers’ talks on the bailout collapsed.

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