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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)

• Fast Facts

  1. House approved bill on October 3, 2008
  2. House vote: 263-171
  3. President Bush expected to sign bill immediately
  4. Senate approved the bill on October 1, 2008CBS News: Senate Passes Financial Rescue Plan (October 1, 2008)
  5. Senate vote: 74-25CBS News: Senate Passes Financial Rescue Plan (October 1, 2008)
  6. House of Representatives rejected the bailout bill on September 29, 2008
  7. 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)

• Related Pages on Mahalo

  Bailout Bill Passes | Senate Bailout Vote | Mortgage Bailout Plan | Bailout Bill Rejected | U.S. House of Representatives | Bailout Bill Text | Dow Jones Industrial Average | Emergency Economic Stabilization Act of 2008 | Pelosi Bailout Speech

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