Lawmakers Scramble for Alternate Bailout Plan

Congressional leaders, with suggestions from their parties’ presidential nominees, scrambled Tuesday to find out what changes are needed to sell the failed $700 billion financial system bailout to rank-and-file members.

John McCain and Barack Obama offered long-distance help from the campaign trail. They announced separately that they support a plan that some House Republicans had pushed earlier: raising the federal deposit insurance limit from $100,000 to $250,000...