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Friday, October 3, 2008

House Passes Rescue Plan - Bush Signs Bill into Law

George Wenschhof

The House in a vote just completed, passed the previously named bailout bill by a vote of 263 - 171. The vote on Monday was 205 for and 228 against the bill.

The party breakdown of the vote was Democrat: 172 For and 63 Against. Republican: 91 For and 108 Against.

It was previously referred to as a 700 Billion bailout bill and changed to a Rescue Plan. The Senate passed it Wednesday evening while adding 100+ Billion in sweeteners and sent it back to the House for a vote.

The economy continues to be the number one concern of voters. Stay Tuned.
Update 3:20 PM ET President Bush signed the bill into law within 1 1/2 hours of the House voting to pass it. has more here.


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