The House of Representatives vote down the proposed $700 Billion bailout package/bill this afternoon. The Dow closed over 700 points down after the vote was announced. President Bush plans a making a “head on” response to this situation.
Here is how the HR voted. Roll call 674 (H.R 3997) (205-228, voted down)
Here is a draft of the actual proposed bill … Bailout Bill 674 (H.R 3997)
House Minority Leader John Boehner says the chamber will not vote again today
[Additions below]
Republicans are quick to point the speech made by Speaker of the House Nancy Pelosi(D, CA) just before the vote.
Watch the Pelosi Speech. Speech Transcripts.
Vote responses: Dem Ldrs, GOP Ldrs.
President Bush on proposed Bill
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