Special offer

House rejects Bailout Plan

By
Mortgage and Lending with VERICO Designer Mortgages Inc.

The fate of the government's $700 billion financial bailout plan - a far-reaching attempt to stem a growing economic crisis - was thrown into doubt Monday as the House rejected the controversial measure.

The abrupt defeat left the Bush administration and congressional leaders scrambling to figure out whether to renegotiate the bill and introduce it again as soon as Thursday or to try other options.

Comments (0)