Never seen nor heard the like before. The bailout bill failed in the House, 228 to 205 (due to Republican opposition).
The Congress has just voted down the proposed bipartisan bailout package. 95 Democrats and 133 Republicans rejected the plan. The vote failed in part because the Republican leadership failed to deliver the 70-100 votes needed from the conservative side. Before the vote, House Minority Leader John Boehner (R-OH) implored his GOP colleagues to vote in favor of the negotiated bailout proposal, almost breaking down into tears. … When asked what might happen if the $700 billion dollar rescue plan failed to pass, billionaire investor Warren Buffett said today, “Heaven help us.â€
And so they are going to take up the same bill again, very soon. Just in case 12 people suddenly want to change their vote from no to yes.