U.S. House Debates Bailout Plan

By: KAKE News Email
By: KAKE News Email
The U.S. House floor debate is underway on a $700 Billion financial industry bailout plan.

The Wall St. street sign is photographed in front of the American flag hanging on the New York Stock Exchange prior to a NYC Central Labor Council rally for worker protections, Thursday, Sept. 25, 2008 in New York. (AP Photo/Mary Altaffer)

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The U.S. House floor debate is underway on a $700 Billion financial industry bailout plan.

House Financial Services panel chairman Barney Frank called the measure a tough but necessary vote. The bailout package cleared a test vote Monday morning, a final House vote could come by Monday afternoon.


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