It’s old news now, but the $700 Billion (actually more than that), bailout bill passed the house and has already been signed by President Bush. It will stabilize some economic concerns, but there are plenty of costs.
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Posted under News
Written by Matt on October 3, 2008
The Senate passed the latest revision of the bailout bill 74-25. It is now heading to the house where its fate is unknown. A Yahoo article points out that the length of the bill has swelled from 3 pages to 451 pages, and it still could grow more in the House. This is all due to adding provisions to the bill to give representatives an out to vote …
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Posted under News
Written by Matt on October 2, 2008
