Wednesday, October 1, 2008

Bailout Bill Vote: Senate passes Financial Markets Bill in a 74-25 Victory

Tonight the Senate passed the Financial Markets bill in an easy victory of 74-25

This bill:
1. Immediately give the Secretary of Treasury the authority and facilities to restore liquidity and stability to the U.S financial system.
2. Ensure that such authority and facilities are used specifically to:
A. Protect home values, college funds, retirement accounts, and life savings;
B. Preserve homeownership and promote jobs and economic growth;
C. Maximize returns to taxpayers like me and you.
D. Provide public accountability for the exercise of such authority.

Both Presidential Candidates Sen. McCain and Sen. Obama, along with Vice Presidential nominee Sen. Biden voted YES on this bill.

More to come...
May the house stay steadfast on their position.




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