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CNBC is reporting that there is “now no chance of passing this bill.”
Bailout Deal Voted Down
By EmploymentCrossing
At this hour CNN and MSNBC are both reporting that the House vote on the $700 billion-dollar bailout deal is going to fail. At just after 2:05 p.m. EST, it is being confirmed that the House has voted down the bailout.
The votes are 205 Yea and 227 Nay, with one No Vote.
Republicans have voted 133 Nay, 65 Yea; Democrats voted 141 Yea, 94 Nay. The one No Vote is a Republican.
The Dow has fallen 680 points on the news.
The bill’s supporters are currently cornering representatives who voted “no” in a desperate attempt to get a second vote on the bill.
Republicans have voted 133 Nay, 65 Yea; Democrats voted 141 Yea, 94 Nay. The one No Vote is a Republican.
The Dow has fallen 680 points on the news.
The bill’s supporters are currently cornering representatives who voted “no” in a desperate attempt to get a second vote on the bill.
CNBC is reporting that there is “now no chance of passing this bill.”
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