WASHINGTON (AP) - Congress needs to cut short its vacation, to deal with the problems in the economy. That's the view of Republican Senator Arlen Specter, who tells CNN that lawmakers need to work on proposals to tighten regulation of investment banks, and help people who are facing foreclosure.
He says it would send the message from Congress that "we're in this, too."
Lawmakers aren't scheduled to be back at work until March 31st.
Specter says it's "entirely likely" that Congress will push for more significant oversight of Wall Street. And he says the 168 billion dollar economic plan that was passed this year isn't enough to boost the economy.
On ABC, Democratic Senator Charles Schumer of New York said Senate Democrats plan to push a "modest" and "thoughtful" plan that would be aimed partly at helping people who are threatened with foreclosure to refinance.
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