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Old 12-12-2008, 12:52 AM   #1
design1stcode2nd
Scooby Specialist
 
Member#: 112178
Join Date: Apr 2006
Default Big 3 Bailout fails in Senate

http://www.autoblog.com/2008/12/11/b...in-the-senate/

Quote:
...Ayes: 52
Nays: 35

Cloture was not invoked. The bill fails.

Reid acknowledges that this won't be revisited until the new Senate convenes next year. Asks the President to consider using TARP money.

Senators continue to speak on the floor, but this essentially signifies the the end of the bailout debate for calendar year 2008. And now we wait to see what happens.
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