WASHINGTON (AP) _ The Senate voted Wednesday night in favor of the $700 billion rescue package for financial companies.
The final tally was 74 to 25. Kansas Senators Pat Roberts and Sam Brownback both voted against it. Presidential candidates John McCain and Barack Obama and vice presidential candidate Joe Biden all voted for it.
Democrats and Republicans teamed to approve the bill after sweetening it with tax breaks. The government would use most of the money to take over bad mortgages from tottering financial companies and investors.
The House plans to vote on it Friday. Its future there is uncertain. The House voted down a bailout plan Monday.
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Thursday, October 2, 2008
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