Tuesday, September 30, 2008

Report: Senate to Vote on Bailout Wednesday Night

by CalculatedRisk on 9/30/2008 09:01:00 PM

From CNN: Senate to vote on rescue plan Wednesday (hat tip pastafarian)

The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening ... The bill adds new provisions - including raising the FDIC insurance cap from $100,000 to $250,000 - and will be attached to an existing revenue bill that the House also rejected Monday ... The vote is scheduled for after sundown, in observance of the Jewish holiday.

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