Congressional leaders added several aspects to the $700 billion financial bailout plan that was rejected in the U.S. House of Representatives. The bill will be introduced in the U.S. Senate, which will vote on it on October 1, 2008. The additions to the bill were called "sweeteners" by some commentators.CNN: 'Sweeteners' could make bailout package sour for House Dems (October 1, 2008)
Bailout Bill Fast Facts
- Bill rejected by the U.S. House of Representatives on September 29, 2008
- A new version was introduced in the Senate on October 1, 2008
- The Senate was set to vote on the new bailout bill on October 1
- George W. Bush proposed the plan on September 20, 2008
Who inserted language to protect AIG? Dodd says it was forced on him "by Administration."(2 Answers)
A:
Given the changes in Dodd's story over time, I am not sure who could be. In this latest story on CNN, see the link below, Dodd is ...
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The amount of deposits that the Federal Deposit Insurance Corporation will insure in bank accounts was increased to $250,000 from $100,000CNN: 'Sweeteners' could make bailout package sour for House Dems (October 1, 2008)
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