Monday, September 29, 2008

Neither Party Happy With Financial Bailout Bill - Bill Fails To Pass House Vote

Neither Party Happy With Financial Bailout Bill - Bill Fails To Pass House Vote

Still Video Image Provided by House of Representatives

The vote was 207 yea - 226 nay with 1 Republican no-vote.
There needed to be 218 votes in favor of the measure for it to have passed.
How they voted...
* Democrats: 141 yeas - 94 nays
* Republicans: 66 yeas - 132 nays

. It should also be noted that the DOW Stock Market plunged more than 700 Points for a time after the initial shock of the final House vote. .



About above photo: President George W. Bush delivers a statement at the White House early Monday morning, 7:34am EDT, September 29, 2008, on Financial Rescue Legislation. (This statement was made before the House Vote went down.) Said the President... “This legislation deals with complex issues, and negotiators were asked to address them in a very short period of time. I appreciate the leadership of members on both sides of the aisle, who came together when our nation was counting on them. Negotiations are sometimes difficult, but their hard work and cooperation paid off.”
White House photo by Chris Greenberg

* Speaker Pelosi Floor Speech *

About video: The above video is part of Speaker Pelosi’s Floor Speech that went over the top this morning and turned a few Republicans away from voting, YEA.
Video posted on YouTube by JohnBoehner
Boehner on CBS Evening News: House GOP Leader Discusses Today's Vote on Economic Rescue Bill

Washington (September 29th) - In an interview tonight on the CBS Evening News with Katie Couric, House Republican Leader John Boehner (R-OH) discussed today’s vote on an economic rescue package and underscored the need for a bipartisan solution that protects families, seniors, small businesses, and taxpayers. During his interview, Boehner made clear that Congress must work together to protect Americans and their jobs, their retirement security, their bank accounts, and their college loans.
Full video and a transcript HERE

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