Financial Bailout Passes
October 1, 2008 by · Leave a Comment
The core of the Senate financial bailout bill is the Bush administration’s plan to buy troubled assets from banks, but the proposal includes a number of new provisions aimed at Main Street.
The changes are intended to attract more votes in the House, which defeated an earlier version on Monday. In particular, they are designed to attract more House Republicans, two-thirds of whom voted no. Read more
