That’s What He Said

Senate voting on $700bil “Rescue” Bill Today after House Bailout Bill Failed on Monday

Posted in Economy, Politics by wolfsbayne on October 1, 2008

A couple days after the 110 page Bailout bill failed passage in the House, the Senate is trying to pass their 451 page version of a Bailout bill. However, the Senate are adding several other bills to the old House Bailout bill, and are now calling it a “Rescue” bill.

Barack Obama addressed the Senate today and claimed that the economy might correct itself, but he still wants the $700bil the for which the Rescue bill calls. Meanwhile, McCain hasn’t been on the floor of the Senate, and he may not address the legislative body prior to their vote this evening.

One of the notable additions was the Tax Extender Bill, which was added at a cost of $100bil to the Rescue bill, and is not offset.

Review the bill below.

senate bailout bill – Get more Docstoc Buzz

Tagged with: , , ,

One Response

Subscribe to comments with RSS.

  1. shari said, on December 30, 2009 at 6:35 am

    Tired of Bankers having all the fun.

    Bailout! The Game the hilarious parody of the government bailout where when you lose, you win. In this role reversal of the classic board game debt is king.

    Bailout! The Game gives you an endless supply of T.A.R.P funds, laughs and fun.

    Be the bank, lose billions and get a bailout.

    Play as one of six banks: Bankruptcy O’ America, Worth Farless, No Cashvia, Liquidation Brothers, Greedy Investors of America, or Washed Up Mutual.

    Land on or pass over Frantic May and Frivolous Mac spaces and get slammed with bad debt.(MBS’s and CDO’s)

    Just as Monopoly was born out of the Great Depression, Bailout! The Game was born out The Great Recession.

    Winner of the Mr. Dad Seal of Approval.

    Creators of Bailout! The Game and Bailout! The Card Game
    Liberty Street Games

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: