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)
Featured Video
Do Senators who blocked the Automaker Bailout stand to benefit from the American brands failure?(10 Answers)
A:
Of course they benefit, having nonunion auto factories of competing makes in their states; eliminating the competition and the unions in one move is going to make them ...
Did house and senate vote themselves a pay raise?
(0 Answers)
A:
No answers yet.
References
Fast Facts
-
Fact:
House approved bill on October 3, 2008
-
House vote
263-171
-
Fact:
President Bush expected to sign bill immediately
-
Fact:
-
Senate vote
-
Fact:
House of Representatives rejected the bailout bill on September 29, 2008
-
Fact:
