Monday, September 29, 2008

~"Emergency Economic Stabilization Act of 2008" ~ 'Now the votes'

The 110-page bailout - the one offering the nation's "clogged' financial markets a $350-billion purchase of bad mortgage debt and then another $350 billion if Congress buys it again - is ready for a vote of the House as soon as Monday and then the Senate as soon as Wednesday, provided that resistant members go along with the deal their leaders have made.

The bill may be available for reading at the Web-sites of the House speaker - http://speaker.house.gov - and at Barney Frank's committee - http://financialservices.house.gov - but, if the nation's credit markets have not already frozen, the House's Web-sites have, probably in the face of demand for these documents.

http://www.swamppolitics.com/news/politics/blog/2008/09/28/bailout%20bill.pdf

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