Bailout Bill Passes in Senate

The bailout bill passes in the Senate Wednesday night after a stunning vote of 74-25. The revised bill contained tax breaks among other things to help soften the Republicans into passing it. The bill is expected to be voted on by the House of Representatives where it failed the first time around on Friday. The Senate encourages the members of the House to maintain bipartisan views so that the bill can be passed.

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xPirate says: THANK GOD!!! Let’s just hope there’s not another political deadlock in the House. I really think that this bill needs to pass. Of course, I’m no economist, so I don’t even know what’s really going on, and that’s why I don’t have much to say about it.