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Senate to vote on bailout bill Wednesday night

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posted on Sep, 30 2008 @ 08:04 PM
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Senate to vote on bailout bill Wednesday night


www.msnbc.msn.com

WASHINGTON - In a surprise move to resurrect President Bush’s $700 billion Wall Street rescue plan, Senate leaders slated a vote on the measure for Wednesday — but added a tax cut plan already rejected by the House.

The Senate plan would also raise federal deposit insurance limits to $250,000 from $100,000, as called for by the two presidential nominees only hours earlier.

Congressional leaders are working on retooling the bailout bill, as well as renaming it to a 'recovery plan".
(visit the link for the full news article)


Related News Links:
dailykos.com




posted on Sep, 30 2008 @ 08:04 PM
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Renaming it Recovery Plan, wow!
Ahahhaaha, That will make all the difference

It's great to see that their marketing dept. is working harder than their economists.

Unbelievable, I guess no doesn't mean no anymore.
Democracy fellows

Bailout Bill Allows Banks to Have ZERO Reserves
dailykos.com...









www.msnbc.msn.com
(visit the link for the full news article)



posted on Sep, 30 2008 @ 08:10 PM
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