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Senate Passes Bail Out Bill: 74-25

I’m watching my teevee now, but both Obama & McCain voted for it.

a Senate on Wednesday passed a $700 billion plan to stabilize U.S. financial markets, in a dramatic game of one-upmanship that sends a issue back into a lower chamber, where it narrowly failed on Monday.

a bill had no trouble exceeding a 60-vote threshold needed for passage after Majority Leader Harry Reid (D-Nev.) & Minority Leader Mitch McConnell (R-Ky.) hammered out an agreement late Tuesday. Mindful of Monday’s 777-point drop in a Dow Jones Industrial Average, a two Senate leaders had worked unusually closely & quickly to cobble togear a compromise in consultations with House leaders & a White House.

Reid & Mitch are speaking now…Dodd got major props…

Original post by John Amato and software by Elliott Back

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