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House urged to revisit bailout vote

No action expected today
Published on Sep 30, 2008

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by CareyBot

Observance of the Jewish holiday Rosh Hashanah will likely prevent the House from immediately revisiting its vote to reject legislation that would have empowered the Bush administration to buy billions in frozen assets from banks and financial insitutions.

In the mean time, congressional leaders will continue to work out a compromise -- which two influential senators think may have more to do with House opponents coming to realize the potential repercussions to their vote than any fundamental changes to the bill itself.

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