CONTAINING LINKS TO 1280 STORIES FROM THE NETWORKS' NIGHTLY NEWSCASTS
     COMMENTS: ABC Chooses Finance; CBS Picks Politics

Since the Republican Convention ended in the first week of September, a pair of storylines have slugged it out for ownership of the news agenda. Which is more newsworthy? The crisis in financial capitalism? Or the Campaign '08 countdown to Election Day. Of the three network newscasts through the end of September (weekdays from Friday 5th through Tuesday 30th), CBS (153 min v ABC 80, NBC 100) has opted for politics while ABC (94 min v CBS 71, NBC 84) has focused on finance. So it was again Wednesday, when the financial story qualified as Story of the Day once more, for the ninth straight weekday. ABC and NBC both led from Capitol Hill, where the Senate closed in on a vote on the Treasury Department's $700bn bailout plan; CBS led with the election, kicking off with its own national opinion poll, conducted with The New York Times, that found Barack Obama in a commanding lead in the popular vote (49% v 40%) over John McCain.

The vote was highlighted by the appearance of two senators who have become strangers to the halls of Congress. Both Barack Obama and John McCain left the campaign trail to return to their day jobs to cast a vote in support of Treasury Secretary Henry Paulson's bill. "The candidates find themselves in a vastly different political place than they were just five days ago," when they last met, noted ABC's John Berman, referring to Friday's debate in Mississippi.

Berman's colleague Jake Tapper listed the Senate amendments to the bailout package since its defeat in the House on Monday, "additions that Senate leaders hope will attract more support--not just here in the Senate where the bill is expected to pass--but in the House." The add-ons consisted of a package of tax breaks to make it "now more attractive to conservatives," meaning Republican ones, since they "make the bill less palatable to some fiscally conservative Democrats because the tax cuts are not paid for."

CBS' Bob Orr speculated that economic events since Monday--"shaky markets and persistent warnings that Wall Street's woes could soon cost Main Street jobs"--might be a bigger persuader for opponents of the package than the amendments. "Lawmakers have been getting an earful from their voters back home who say they have lost money this week in their 401(k)s and their pension funds and their 529s," NBC's Tom Costello commented, "and they are worried."


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