Senate Passes Sweetened $700B Bailout

Dandelion Salad

KIRO Seattle

POSTED: 3:30 am PDT October 1, 2008

UPDATED: 7:02 pm PDT October 1, 2008

House To Vote Friday

The Senate has passed a $700 billion bailout for the financial industry aimed at preventing the economy from plunging into a recession.

Democrats and Republicans teamed to approve the bill after sweetening it with tax breaks.

The bailout was approved in a 74-25 vote.

Both presidential candidates, Democrat Barack Obama and Republican John McCain, returned to Washington to cast “aye” votes.

[…]

Senate Passes Sweetened $700B Bailout – Smart Savings News Story – KIRO Seattle.

h/t: CLG

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