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House of Representatives
House Approves Revised Bailout Package, Actually Costing Taxpayers <em>More</em> Money
But on the plus side it's Friday

The U.S. House of Representatives took a second turn voting for the bailout rescue package today, which they vetoed on Monday causing stocks to plummet and yada yada yada. Where have you been all week, some sort of debate crash camp?

Anyway, a revised version of the bill passed in the Senate yesterday, and today the House counted more yeas instead of nays, so we got ourselves a $700 billion dollar taxpayer bailout! Whoops, did we say $700 billion? Now it's $850 billion. So the only thing the House accomplished this week was adding an extra $150 billion dollars to the taxpayer's bill? Sweet.

Said Congressman Bart Stupak:

When I voted against the bill on Monday I was concerned with the $700 billion price tag attached to the bailout with no plan to pay for it.

Rather than addressing the critical flaws in the original bill, the House voted on a bill that actually costs taxpayers more money – an estimated $800-to-850 billion – with still no word on how we will pay for it and no guarantee that the bailout will stop here.

This country rules.

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