economics economy markets region north america

House members criticize one another, reject a Wall Street bailout plan 228-205

By John Hockenberry, Adaora Udoji

Tuesday, September 30 2008

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Today, facing the sound defeat of his Wall Street bailout plan and a historic single-day drop in the markets, President Bush and his advisors will have to go back to the drawing board. In the confusion and flying accusations just five weeks from elections, the House of Representatives rejected the $700 billion plan 228 to 205, with over 100 House Republicans voting against Bush's personal plea.

Guest: David Herszenhorn, New York Times reporter
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The Mix Add Your Comment
It would be interesting if the House vote came in the Spring rather than the Fall. That's the time farmers are going to the bank to finance the next season. I wonder how the House Republicans from rural states would vote in that case.

Posted by Dominick DePinto, 8:58 a.m. Tuesday, September 30 2008 Permalink

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