2008-10-03

House Bailout Bill Passes 263-171. By Michael S. Rosenwald, WashPost, October 3, 2008. "They've done it: By a vote of 263 to 171, the House of Representatives has approved a $700 billion bailout plan in the hopes of propping up the nation's economy, which has been besieged by the fallout from the subprime mortgage crisis... Asked whether President Bush would sign the legislation today, White House spokesman Tony Fratto told reporters this morning, 'If the bill passes, we'd like to sign it as quickly as possible, as soon as they get it to us.' Bush is scheduled to depart Washington today to spend the weekend at his ranch in Texas."

Provisions in the Amended Fiscal Rescue Bil. By Jeanne Sahadi, CNNMoney, October 3, 2008. "Here's a breakdown of some of the bill's main provisions..."

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