The Bailout…
ChrisB on Sep 29 2008 at 11:52 am | Filed under: Chris' Page, Domestic Politics, Economics
doesn’t look like it’s going to pass the House floor.
Update: It failed.
The vote was 207-226 against the measure, with one member not voting, half an hour after voting began. Voting remains open even though the “official” time has expired for casting a ballot.
There was broad bipartisan opposition to the measure, with 95 Democrats and 133 Republicans voting against the bill. Republicans voted more than 2-1 to oppose the bill.
Update 2x: The gavel hasn’t fallen yet and already 2 people have changed their vote to ‘yes’, possibly feeling pressure from the large losses in the DOW after the rejection. Supposedly the Dems are trying to get 4-10 R’s to switch their vote to ‘yes’ and then a huge number of Dem’s will change theirs to ‘yes’ as well. Similar to the strategy that the GOP had with NAFTA in the 90s of getting a good number of Democrats to vote for it to cover themselves politically against any populist blowback.
Sphere: Related Content
