Monday, September 29, 2008

House rejects bailout bill


By a vote of 228 to 205, the House of Representatives rejected the proposed $700 billion bailout bill of Wall Street. No re-vote of the bill is scheduled for today.

The vote breakdown is as follows:

Democrats: Yea: 140 Nay: 95
Republicans: Yea: 65 Nay: 133

The House is saying the bill may be introduced again later in the week for another vote.

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