Skip to main content
Breaking

House Passes Bailout

Bill passes on second try this week.

The House of Representatives has reversed its earlier decision to torpedo the American economy and passed the bailout bill today on its second try by a vote of 263-171. The bill is more-or-less the same as the version rejected on Monday, except for some minor adjustments, like an increase in the amount of personal savings that the government will insure, and old-fashioned pork inducements. Congressmen who switched their votes cited increased urgency in the economy over the past week.

Read it at The New York Times

TRENDING NOW