News Source: Androscoggin News
| about 1 year ago
House today that the government's proposed $700 billion rescue of troubled financial institutions lets taxpayers invest "in their future." "It's not a bailout," Blunt said, "it's a situation where American taxpayers invest money in a way that ensures...
News Source: The Examiner
| about 1 year ago
After a week of tumult, an unprecedented government bailout of the financial industry gained ground in the House on Friday and leaders in both political parties expressed optimism the $700 billion measure would clear Congress by day's end for...
News Source: Fox News
| about 1 year ago
House members who opposed a $700 billion rescue package on Monday are now jumping on an expanding bandwagon after the Senate passed a new version with additions designed to appeal to key constituencies. To pass the revised measure this time, leaders...
News Source: The Hill
| about 1 year ago
Vote-switching Democrats credit Obama for bailout support Posted: 10/03/08 01:08 PM [ET] Some Democrats are touting calls from Sen. Barack Obama (D-Ill.) as an explanation for why they are switching their votes to support the financial recovery...
News Source: Leader Post Online
| about 1 year ago
A $700 billion financial industry bailout bill appears to be "in good shape" for passage by the U.S. House of Representatives, a senior House Republican aide said on Friday. Debate on the landmark bill was winding down in the House, with a vote on...
News Source: Politico
| about 1 year ago
Caution was the rule, given the still skittish political landscape and anti-Wall Street sentiment. But proponents prevailed 223-205 on an early procedural motion, and after morning meetings, both parties predicted they will increase their numbers by...