Word: bille
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...force the next President, whoever he is, to pay for whatever new programs or tax cuts he is trying to pass. "Nothing will pass without a majority of Blue Dogs voting for it, that's true on this vote," Stenholm says. And if they do help pass this bill, the Blue Dogs will be sure to remind Nancy Pelosi of it next year...
...bill passed the House 263 to 171 - with 91 Republicans and 172 Dems voting yes - a larger margin than expected, considering the bill's spectacular failure, 228 to 205, on Monday that caused the largest one-day drop, 778 points, in the Dow Jones industrial average. Very soon after passage, President Bush signed the bill into law, finally giving Treasury Secretary Hank Paulson the authority that he requested more than two weeks ago to buy up Wall Street's distressed mortgage-backed securities. But getting it done was not pretty or easy, and the clearest sign of that...
...what made the difference to the 26 Republicans and 33 Democrats who changed their minds? For starters, the business community, which apparently assumed the bill would pass easily the first time around, waged a fierce lobbying campaign to drive the point home that the crisis was not limited to Wall Street. Lobbyists underlined to every member of Congress that small businesses and consumers were already having serious trouble getting loans and that the entire economy could completely freeze up if nothing was done. Representatives surely heard the same message directly when they went home to their districts after Monday...
That, however, wasn't sufficient on its own to change enough minds. Ever mindful of what makes Congress run, the Senate, taking the lead, passed the second bill 74 to 25, with a few crucial add-ons to sweeten the pot for Republicans: extensions of popular tax benefits for business R&D and alternative energy, relief for the growing pool of people subject to the alternative minimum tax, disaster assistance for states affected by Midwestern floods and Hurricane Ike, and a provision raising the Federal Deposit Insurance Corporation's ceiling of guaranteed deposits to $250,000. And the initial...
...that White House meeting a week ago, which some thought would be a photo op with presidential candidates Barack Obama and John McCain to announce a bipartisan deal, but which turned ugly as House Republican leaders balked at an arrangement worked out with the Administration and Senate Republicans. The bill was renegotiated over the weekend, expanding Congress's oversight of how the money would be spent, putting some limits on executive compensation and removing some Democratic priorities that angered Republicans, such as funding for a controversial housing-advocacy group and a provision to help homeowners in bankruptcy...