Bailout deal reached

Ed Morrissey has the good, bad, and ugly on the agreement Congressional leaders have reached on the bailout bill.

Not great, but better than how it started out. No ACORN funding for one thing.

PM Update 1 – 4:20: Here’s a link to the bill.

PM Update 2- 6:24: Boston Globe columnist Jeff Jacoby goes off on Democrat Rep. Barney Franks for whitewashing his and his fellow Democrats’ roles in how we got to this point.