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They voted on the bailout plan just like any bill passed by the government.
When the Bill was initially introduced, it had been rejected by the US Senate on Sep 29th 2008. It was then amended and approved by the US Senate on Oct 3rd 2008. President Bush signed the bill into law within hours of its enactment, creating a $700 billion Troubled Assets Relief Program to purchase failing bank assets..
Without majority in the house the bailout would not have come into existence
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∙ 15y ago
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How did the House of Representatives vote on the 2008 bailout bill?
They all sat down together and talked about it.
Did any Indiana congressmen vote for the bailout plan?
Yes, Donnelly, Ellsworth and Souder voted for and six reps voted against. List of votes by state can be found at: www.petrocenter.com The House of Representatives provides a list at http://clerk.house.gov/evs/roll674.xml but it is not broken down by state.
How and when will taxpayers be affected on the bailout?
1. Bailout is a mechanism to strengthen banks' balance sheet so that their credit rating will not deteriorate thus not requiring to pledge additional asset to creditors. 2. It is also a mechanism to safeguard banks from panic withdrawal from depositors. Bailout comes at a cost (a very huge cost), in dollar term, it was estimated that the whole bailout plan will cost every man, woman and children in the US $2,300. For more information, visit: http://leonardatavism.blogspot.com/2008/09/some-thoughts-for-us-bailout-plan.html for
Did john langdon vote for the Virginia Plan or New Jersey plan?
Virginia plan
If the democratic party has a majority in both the house and senate why do they not go ahead and pass a bailout plan?
Some members of each party believe a) it is not going to work b) could make things worse or c) there are better plans. If all Democrats voted for the plan, and all Republicans voted against, it would pass with 235 votes. But voting did not go exactly by party. In the House vote, approximately 60% of Democrats, and 30% of Republicans were in favor of the plan.
Do Americans have any vote in this 700 billion bailout?
Directly NO Indirectly YES (Because the people elected by the citizens of USE were the ones who created this bailout plan)
Did any Minnesota congressmen vote for the bailout plan?
Four were for the bill, four against. See names at www.petrocenter.com
Define the 700 billion US bailout plan?
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
What is the latest bailout plan?
The latest "bailout" is the automotive bailout of the Big Three automakers, Ford, GM, and Chrysler. Legislation was introduced on Dec. 8th.
What was the final vote total on the 700 billion bailout plan?
In the House: 263 Yeas and 171 Nays. In the Senate: 74 Yeas and 25 Nays. Adding links to full list of votes.
How did the House of Representatives vote on the 2008 bailout bill?
They all sat down together and talked about it.
Is the bailout plan a 750 billion plan?
minus the 50 and you got $700 million because the legislature didn't want to go pass it.
What are the special events that happened in Iraq?
They proabably celebrated the fact that the stupid $700billion bailout plan passed.
Did any Indiana congressmen vote for the bailout plan?
Yes, Donnelly, Ellsworth and Souder voted for and six reps voted against. List of votes by state can be found at: www.petrocenter.com The House of Representatives provides a list at http://clerk.house.gov/evs/roll674.xml but it is not broken down by state.
What is the 700 billion bailout for?
1. Bailout is a mechanism to strengthen banks' balance sheet so that their credit rating will not deteriorate thus not requiring to pledge additional asset to creditors. 2. It is also a mechanism to safeguard banks from panic withdrawal from depositors. Bailout comes at a cost (a very huge cost), in dollar term, it was estimated that the whole bailout plan will cost every man, woman and children in the US $2,300. For more information, visit: http://leonardatavism.blogspot.com/2008/09/some-thoughts-for-us-bailout-plan.html for
How and when will taxpayers be affected on the bailout?
1. Bailout is a mechanism to strengthen banks' balance sheet so that their credit rating will not deteriorate thus not requiring to pledge additional asset to creditors. 2. It is also a mechanism to safeguard banks from panic withdrawal from depositors. Bailout comes at a cost (a very huge cost), in dollar term, it was estimated that the whole bailout plan will cost every man, woman and children in the US $2,300. For more information, visit: http://leonardatavism.blogspot.com/2008/09/some-thoughts-for-us-bailout-plan.html for
Why do you need bailout?
1. Bailout is a mechanism to strengthen banks' balance sheet so that their credit rating will not deteriorate thus not requiring to pledge additional asset to creditors. 2. It is also a mechanism to safeguard banks from panic withdrawal from depositors. Bailout comes at a cost (a very huge cost), in dollar term, it was estimated that the whole bailout plan will cost every man, woman and children in the US $2,300. For more information, visit: http://leonardatavism.blogspot.com/2008/09/some-thoughts-for-us-bailout-plan.html for
