Bailout Bill Fails; Redo
Bailout bill
BAILOUT BILL
Dem 141 Yea
Rep 66 Yea
TOTAL 207 YEA
218 votes needed to pass.
Bill fails. Leadership trying to switch votes.
Live coverage on CNN, MSNBC and CNBC.
NBC has "Martha Stewart" -- ironic given her insider trading
CBS has "As the World Turns" -- so it goes
ABC has "One Life to Live"
Dow was initially down nearly 700 points,
but recovers to be down 350 points, then falls
again to 440, 500...
Motion to reconsider withdrawn after chair declares there would be an immediate vote. Regular order (business) resumes. No chance of passage in this form. Back to drawing board.
I addressed the question of what a middle class bailout would look like in this post that I made this morning:
Bailout Bill DOA; What is needed
http://www.democrats.org/page/community/post/JBCallahan/CGhy
Jim Callahan
Orlando, FL
BAILOUT BILL
Dem 141 Yea
Rep 66 Yea
TOTAL 207 YEA
218 votes needed to pass.
Bill fails. Leadership trying to switch votes.
Live coverage on CNN, MSNBC and CNBC.
NBC has "Martha Stewart" -- ironic given her insider trading
CBS has "As the World Turns" -- so it goes
ABC has "One Life to Live"
Dow was initially down nearly 700 points,
but recovers to be down 350 points, then falls
again to 440, 500...
Motion to reconsider withdrawn after chair declares there would be an immediate vote. Regular order (business) resumes. No chance of passage in this form. Back to drawing board.
I addressed the question of what a middle class bailout would look like in this post that I made this morning:
Bailout Bill DOA; What is needed
http://www.democrats.org/page/community/post/JBCallahan/CGhy
Jim Callahan
Orlando, FL
228-205 to reject the bill was announced on the House floor
Jim