October 3rd, 2008

An Economic Bailout Plan Has Been Passed

By a vote of 263-171, the House of Representatives finally passed the bailout bill Friday, sending it to President Bush’s desk for his signature. Many important details of the program–including which banks will be the first to sell their troubled assets to Uncle Sam–are still unknown. Meanwhile, the economy is still stumbling along. U.S. The Labor Department reported Friday that 159,000 jobs were lost in September, the biggest drop since 2003

More Details On The Bailout Plan: Forbes



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