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Senate passes $700 billion rescue package
The Senate has passed a $700 billion bailout for the financial industry aimed at preventing the economy from plunging into a recession. Go to www.orlandosentinel.com
http://www.orlandosentinel.com/orl-s...,7623885.story The House plans to vote on it Friday. |
House votes next
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For those interested, a summary of the provisions of the bill - covering a LOT more than the headline $700B amendment - can be found at http://rpc.senate.gov/public/_files/...ationActCJ.pdf
The summary makes interesting reading, especially the motorsports raceway deduction and a few other gems buried within it. This bill is a perfect example of what happens when a simple piece of proposed legislation - originally solely dealing with mental health benefits - gets grafted with a dozen more limbs. |
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We need term limits for these A_holes. And now we elect one of them for our Leader.
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