Senate to Vote On Bailout: ; Leaders Increased Deposit Insurance, Added Tax Breaks to Revive Bill
Charleston Daily Mail › October 01, 2008
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Summary
WASHINGTON - President Bush's plan to rescue U.S. financial markets is headed for a Senate vote tonight after leaders there agreed to add tax breaks for businesses and the middle class and increase deposit insurance in an attempt to revive the legislation rejected by the House.
The surprise move by Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., appeared likely to win a big vote in the Senate that would put pressure on the House to go along and send the measure to the White House.See the full content of this document
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Senate to Vote On Bailout: ; Leaders Increased Deposit Insurance, Added Tax Breaks to Revive Bill
Democratic presidential nominee Barack Obama and his GOP rival, John McCain, planned to fly to Washington for the Senate vote, as did Democratic vice presidential nominee Joe Biden.
Adding a set ...See the full content of this document
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