Posts Tagged ‘financial bailout’

A Second Chance: House members expected to vote on bailout today

Friday, October 3rd, 2008

After the U.S. Senate passed the bailout package this week with a 74-25 vote, all focus turns toward the U.S. House of Representatives.  Both Mississippi Senators Thad Cochran and Roger Wicker voted against the plan this week despite its passage.  House members are expected to vote on the bailout in a matter of minutes.  

House Works Toward Bailout Vote  
   
Washington, D.C.
Posted: 10:42 AM Oct 2, 2008
The Associated Press

A Members of the U.S. House are gearing up for their second chance to vote on a financial bailout bill.

The measure passed the Senate Wednesday night, with several changes added.

House leaders will be lobbying for the dozen or so more votes they think will help the bill pass. A showdown vote is expected Friday.

The 74-25 roll call by which the Senate approved a $700 billion rescue package for Wall Street aimed at preventing a credit crisis.

Both of Mississippi’s senators, Thad Cochran and Roger Wicker voted against the package, as did Alabama’s Jeff Sessions and Richard Shelby.

On this vote, a “yes” vote was a vote to approve the package and a “no” vote was a vote against it.

Thirty-nine Democrats, 34 Republicans and one independent supported the measure. Voting against it were nine Democrats, 15 Republicans and 1 independent.

Click here to read on WTOK-TV.com.

 

U.S. Senate Approves Bailout Bill: Cochran and Wicker oppose

Thursday, October 2nd, 2008

U.S. Senate Approves Bailout Bill

WJTV.COM
Wednesday, Oct 01, 2008 - 09:19 PM Updated: 09:34 PM

By a vote of 74 to 25 the U.S. Senate has approved the $700 billion bailout for the financial industry. The bill includes another $100 billion in tax breaks that was not included in the version the House voted down Monday.

Mississippi’s two senators voted against the bill. Senator Thad Cochran, who had not said how he would vote beforehand, voted against the measure. Senator Roger Wicker said he would go against the bill before Wednesday night’s vote. Coming up on News Channel 12 at 10 we’ll have more on the U.S. Senate’s vote.

Among there 74 senators voting for the bill were presidential nominees Barack Obama and John McCain. Vice presidential candidate Joe Biden also voted for the bill.

The U.S. House plans to vote on the revised plan Friday.

Click here to read the article on WJTV.com.

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