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The bill that was defeated in the Senate was a 14 billion dollar rescue plan for the automakers. The President has no power to overrule a bill that is defeated in Congress. The 17.4 billion dollar assistance to the automakers will be a low interest loan drawn from the 700 billion "bail out" fund already passed by both Houses in October.
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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.
Do the people really vote for president?
No, the vote for president is called the popular vote and that does not count. When you cast your vote for president, you are actually voting for the electors to vote for the president.
Who is the the presedant of the senate and when may the person vote?
Maryana Pinchuk is the president and will never vote as long as she/he is president . They will vote when they are not the president of the senate.
How did they vote on the bailout plan?
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
Can the House of Representatives overrule the President in decisions?
No, they are separate but equal bodies. Each body has specific functions that cannot be undertaken by the other body.
