Financial Bailout Fails in the House
September 29th, 2008 By: Rich Miller
The $700 billion financial bailout bill has just failed in the House, being voted down 227-206. House Republicans voted 2-1 against the bill. The Dow has been fluctuating, but has been off as much as 705 points.
UPDATE: There will be no revote today. The House is breaking for the Rosh Hashanah holiday, which begins at sundown.
Something has got to give…this didn’t happen in the last week.
Congress must come together to bail the economy out, lessons
must be learned, rules must be put into place and some one
must oversee and enforce these rules…..Enforcement must
not be compromised!
[...] And it fails! Bloggers react. Posted on September 29, 2008 by John Stodder Thirteen votes short. There will be no revote today because of Rosh Hashanah. [...]