House Bill Fails

Posted by Tina

Boehner calls bill “crap sandwich”

* WASHINGTON – The House has defeated the $700 billion bail-out legislation for the financial industry. More than enough members of the House had cast votes to defeat the Bush administration-pushed bill, but the vote was held open for a while, apparently as efforts were under way to persuade people to change their vote. – AP *

* The measure needed 218 votes for passage. Democrats voted 141 to 94 in favor of the plan, while Republicans voted 65 to 133 against. That left the measure with 206 votes for and 227 against. – CNN *

Not a good showing. Democrats and Republicans must have found the language of the bill unsupportable…more later.

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