The first time it was presented it was unanimously rejected. Then when it was re-introduced with amendments it wasn't passed unanimously but was passed with enough majority that is required to pass any bill.
No. President Bush leaves office on Jan 20, 2009. Only 2 consecutive terms are permitted under US law.
No US president was elected unanimously by popular vote. The only president elected unanimously by the electoral college was George Washington (There was no popular vote in this election).
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
If the bailout package is able to successfully revive the US economy then the US government should cut spending on the bailout. But some financial experts feel this 700 billion may not be sufficient. If what they predict becomes true then the government would have to pump in more cash into the bailout package. This bailout cannot be left in midway because the future of the world and US economy lies predominantly on this bailout and people are hoping that this works out successful.
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
That is 900 Billion, The amount of the US Government Bailout package.
Yes. $7 billion
It comes from the US Treasury...
chrysler
George Washington
i dont no
The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.