The US Senate passed H.R. 1424, the vehicle to enact a financial bailout, by a vote of 74 to 25. That crosses the first hurdle. Next comes the house vote.
Posts Tagged Emergency Economic Stabilization Act of 2008
The House Financial Services Committee has published H.R. 3997 here:
Emergency Economic Stabilization Act of 2008
Summary of Emergency Economic Stabilization Act of 2008
Section-by-Section of Emergency Economic Stabilization Act of 2008
The House voted 228-205 to reject this bailout bill. 133 Republicans joined 95 Democrats in opposition. Representative John A. Boehner of Ohio, the Republican minority leader, called the measure “a mud sandwich”.
