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- House approved bill on October 3, 2008
- House vote: 263-171
- President Bush expected to sign bill immediately
- Senate approved the bill on October 1, 2008CBS News: Senate Passes Financial Rescue Plan (October 1, 2008)
- Senate vote: 74-25CBS News: Senate Passes Financial Rescue Plan (October 1, 2008)
- House of Representatives rejected the bailout bill on September 29, 2008
- This is the second time the bill has been passed to the HouseThe New York Times: Stocks Plunge as House Rejects Bailout (September 29, 2008)
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The House of Representatives passed the $700 billion mortgage bailout plan on October 3, 2008, by a vote of 263 to 171. The U.S. Senate passed the bailout bill on October 1, 2008, and President Bush is expected to sign the bill imminently.MarketWatch: House Readies for Second Bailout Vote Friday (October 3, 2008) The Senate voted on the bailout bill on October 1, 2008. The final Senate vote was 74 in favor and 25 against.LA Times: Reversal of Fortune: House Approves Bailout Bill (October 4, 2008)
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House Bailout Vote Questions
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Bailout this, bailout that...what past company do you think could have used a bailout? 6 AnswersProbably a bunch of small businesses proportionately spread around the country to help out the problem of losing business to corporations. Places that had senti... read more -
Do Senators who blocked the Automaker Bailout stand to benefit from the American brands failure? 10 AnswersThat would depend on what part of the country you are a senator from bud. If you live in Detroit well.. read more -
Should students get a bailout? 5 AnswersIf you honestly look at this from a financial perspective, 6.8%-8.5% for an unsecured loan is completely reasonable. Mortgages have real estate behind them, as... read more -
Should I vote for balance of power? 4 AnswersCasting your vote to the Republican side should not be done merely to obtain balance of power. If however you are not content with the Democratic agenda curren... read more
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