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House Passes $700B Bailout Bill
Published Oct 3, 2008
According to FoxNews.com, the House has passed the complex $700B bailout bill by a vote of 263-171, allowing the Treasury Department to buy up bad debt weighing down the nation's financial institutions. The stock markets peaked in the moments before the House signed off on the financial rescue plan, falling sharply after it became clear the bill would pass.
Source: www.FoxNews.com
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