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Has it actually passed yet, or when is it going up for approval?
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Seems like it passed Senate last night.
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and Russia claims victory for our government's mistake...
http://www.iht.com/articles/2008/10/...ope/russia.php |
It passed last night as a rider on a bill that gives expanded health care for the mentally ill, thus giving you the 450 pages. Not all of it is pork, the only bit of it that was was the business tax breaks, which in turn makes it harder to pay the bailout back.
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I like how our debt ceiling has now officially doubled over the last 8 years.
There are particular reasons why this bill should be passed, but I'd honestly wish they'd just recapitalize the banking system instead of throwing money at Wall Street and leaving them to their business. It already seems a bit late, considering the already in progress credit crunch. It's also dubiously ridiculous the way congress played 700 Billion Dollar football with this bill, attaching it to all the fluff and nonsense they could to swing stubborn ass reps. |
Just passed 100% this morning, I believe. I almost got excited that it would fail, but as the democrats said they basically had a gun to their heads.
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Wow, just keeps getting worse and worse. On top of the major economics issues, major insurance companies have taken a huge hit in stock value because people panicked over Sen. Harry Reid making a boneheaded statement before the senate passed the bill. Is there some way we can replace all our legislators with cats and dogs? They'd be so much more effective at running this country.
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