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House rejects 700 billion dollar...

House rejects 700 billion dollar bailout bill

By: Magnolia Tribune - September 29, 2008

The US House of Representatives on Monday rejected a 700-billion-dollar Wall Street bailout bill, throwing efforts to calm the financial crisis rocking global markets into turmoil.

Sworn Republican opponents of the legislation and rebel Democrats combined in a tension-wracked House vote to defeat the legislation by 228 votes to 205 votes.

AFP
9/29/8

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.
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