On a day when the stock market recovered from a selloff sparked by the failure to pass a financial bailout bill, congressional leaders have been working to put together a version that can pass.

One idea that's gathering support is raising the federal deposit insurance limits. The FDIC has already asked Congress for temporary authority to raise that limit.

House GOP leader John Boehner (BAY'-nur) says he's glad John McCain (web|news|bio) and Barack Obama (web|news|bio) are embracing that idea. It could attract conservatives who want to help small business owners and avert runs on banks. Boehner says Democrats had rejected the idea Saturday.

President Bush (web|news|bio) spoke today with both Obama and McCain. He also spoke to the American people, saying, "Congress must act." The administration is showing a willingness to accept some changes, saying there are plenty of good ideas to help the markets.

Even as stocks recover, attention is being focused on credit markets. A key rate that banks charge each other shot higher, more evidence of a tightening of credit availability.

Senate Banking Committee Chairman Chris Dodd says he's heard that "a number of people who voted 'no' yesterday are having serious second thoughts about it."

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