Harry Reid: Significant Progress Made On Bailout Deal Congress made significant progress on a financial bailout of Wall Street and the Senate's Democratic leader said Saturday he hoped to announce a deal by the end of the weekend. President Bush expressed confidence that lawmakers soon would pass a rescue plan before leaving Capitol Hill to campaign for re-election. He acknowledged that many Americans are frustrated by a situation that has led to a possible $700 billion bailout and angered that they may have to cover Wall Street firms' mistakes.