October 1st, 2008
01:52 PM ET
14 years ago

House expected to vote on bailout Friday

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/10/01/art.dems.ap.jpg caption="The House is expected to vote on the bailout bill Friday"]WASHINGTON (CNN) - The House of Representatives is expected to vote Friday on a massive plan to pump government cash into the lending industry, Democratic leadership aides told CNN Wednesday.

The House dramatically rejected an earlier version of the plan on Monday, dealing a stinging defeat to the White House and Congressional leaders, who had spent more than a week negotiating the deal.

Related: Bailout bill gets add-ons to lure votes

The Senate is voting on a new version of the bill on Wednesday, partly in order to increase pressure on the House to pass it.

Filed under: Congress
soundoff (233 Responses)
  1. The Fab One

    I have an idea.........can anyone bail us out of having to look at that ill-born descendant of Methuselah, Nancy Lugosi? I mean, please...........

    October 1, 2008 04:35 pm at 4:35 pm |
  2. K. Gray

    Don't lure me congress – it is a still a wolf, whether there is a sheep's coat or not. NO ONE I KNOW or have I read on blogs approves this bail out – just all the rich greedy people and the bankers – disgusting to me as congress works for me- they need to listen to the outrage of the people. I am not voting for anyone who supports this bill and they have heard from me in writing and emails and phone calls.
    Don't lure me congress – that is what the problem is – congress expects the citizens to roll over and it is not happening.

    October 1, 2008 04:35 pm at 4:35 pm |
  3. Dave, Central Illinois

    Gee, I wonder if the media will report on old hag Pelosi directing $100,000 to her husband's business from PAC money. Pelossi/Reed/Obama – God thats one corrupt combo!

    October 1, 2008 04:43 pm at 4:43 pm |
  4. Griff

    GOP? "Griff's Old Protectionism". You wait and see...

    October 1, 2008 04:51 pm at 4:51 pm |
  5. Schneider (D) - CA

    Stupid Dems in Congress appear to be snatching defeat from the jaws of victory once again!

    What part of NO BAILOUT do they not understand?!?!

    Artificially propping up housing values will not help anything! This bill is poison for the dollar! Did you notice how the strength of the dollar went up after the bailout failed?!?! No more debt, no more deficit, no more weak dollar! No bailout!

    October 1, 2008 04:54 pm at 4:54 pm |
  6. Will-South Dakota

    Hope the House says NO again.......listen to the American Public and vote for the people and not for Corporate Wall Street and the lobbyist who are writing the legislation, say NO NO NO thats what the Constituency is saying NO BAILOUT.

    October 1, 2008 04:58 pm at 4:58 pm |
  7. Ken

    I invite you to go see Rick's (3:44) comments. This should give the 55% of us that use our brains some insight into the 45% that don't. Can you believe the FoxNetwork-generated delusion that is exhibited there? This is a prime example of why everything regresses when the neo-[R]s get into office: policies, goals, initiatives are all based on this [R]ightwing ideoloical fantasy world they have going, and not on reality - the neo-tard ploy to attempt to divert the blame for this financial meltdown away from [R] deregulation and lack of oversight to Jimmy Carter is a familiar pre-adolescent ploy to illogically divert blame. The issues of the modern world are hard enough to deal with, without ignoring reality and instead doing what 'the voices' tell you is correct. YOUR boy G. Bush has been running the country like this for 8 years now, and not surprisingly he has us spiraling back into the Dark Ages. And morons like Rick, that live in an intellectual vacuum and watch slackjawed as FoxNews tells them what to think, are actually cheering.

    October 1, 2008 04:59 pm at 4:59 pm |
  8. AJ in Fla

    The degenerate liberal Mr. Frank as well as highly corrupt individual and an imbecial at that should be forced to resign immediately. The other imitation of a human being, Ms. Pelosi also highly corrupted and most likely a socialist with communist tendencies should go home, cook a meal, wash the windows and stay there for the rest of her life.

    October 1, 2008 05:01 pm at 5:01 pm |
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