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Senate Will Vote on Bailout Tomorrow

Effort to revive plan adds tax cut, raises deposit insurance

By the Associated Press

Posted Sep 30, 2008 7:54 PM CDT

(AP) – In a surprise move to resurrect President Bush's $700 billion Wall Street rescue plan, Senate leaders slated a vote on the measure for tomorrow—but added a tax cut plan already rejected by the House. The Senate plan would also raise federal deposit insurance limits... Read full story »

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Harry Reid • Mitch McConnell • bailout • financial crisis • deposit insurance

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(NEWSER) - The House is ready to vote on a $15 billion bill to rescue GM and Chrysler as early as this afternoon, the Detroit News reports. The Senate, meanwhile, is likely to vote tomorrow morning. “My understanding is it is done, but the piece of paper is not before the Senate,” says Harry Reid. But Republicans are threatening to gum up the works. More»

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Senate Will Vote on Bailout Tomorrow

Effort to revive plan adds tax cut, raises deposit insurance

Harry Reid • Mitch McConnell • bailout • financial crisis • deposit insurance

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More Newser Stories

House Likely to Vote on Auto Bailout This Afternoon

Senate likely tomorrow; GOP has harsh words

Dodd Endorses Big 3 Bailout as CEOs Hit Hill Again

Senate Democrat enlisted to work on compromise package

Bill's New Baubles Persuade Some, May Scare Others

Adding pet projects could cost support of conservative Blue Dog Dems

Raising Deposit Insurance May Save Bailout Package

Help for George Baileys could win over balky politicians

Dems, GOP Close In on Bailout Plan

Lawmakers haggle into wee hours, vow to unveil accord tomorrow

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