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House meets to debate US bail-out
Traders work the floor of the New York Stock Exchange on 2 October
All eyes on Wall Street are on the House after Monday's shock rejection
Members of the US House of Representatives are considering a revised $700bn (£380bn) plan to rescue America's financial sector.
Party leaders are hoping the House, which stunned global markets by rejecting the initial plan, will follow the Senate and back a new version.
The debate is due to start late with the House breaking up for the night before returning to vote on Friday.
US shares fell sharply as investors showed caution over the vote's outcome.
On Wall Street, the Dow Jones index closed down 348.2 points or 3.2% at 10,482.8, a slide which also dragged European shares lower.
France is to host a special summit on the financial crisis on Saturday, bringing together EU members of the G8 ahead of a full meeting next week in Washington DC.
Bush appeal
When the Representatives first rejected the plan on Monday by 228 votes to 205, they had concerns about both the content of the plan and the speed with which they were being asked to pass it.
This thing, this issue, has gone way beyond New York and Wall Street
George W Bush
US president
US markets wary over rescue deal
Send us your comments
President George W Bush has urged the House to back his revised bill, saying that credit is frozen and the package represents the best chance to correct the situation.
"[This] is a bill that has got the best chance of providing liquidity, providing credit, providing money so small businesses and medium-sized businesses can function," he said after meeting business leaders
"This thing, this issue, has gone way beyond New York and Wall Street. This is an issue that's affecting hard-working people. The House of Representatives must listen to these voices."
The package is aimed at buying up the bad debts of failing institutions on Wall Street.
It has been amended to include extra tax breaks for ordinary Americans and more protection for saving accounts.
Both the Democratic and Republican parties are planning to press their members in the House on Thursday to swing behind the revised bill.
'Good prospect'
The House reconvened with nine other bills on its agenda before the bail-out debate.
Protesters against the bail-out stage a play outside the Capitol
Protesters staged a play outside the Capitol satirising America's elite
With 40 minutes' debating time allocated to each bill, discussion of the rescue package is not expected until Thursday evening, Washington time.
Both the Republican and Democratic House leaders said they believed the bill would probably pass. Pressure will particularly be applied to the 133 House Republicans who went against party affiliation to reject President Bush's bill, correspondents say.
Roy Blunt, the Republican Whip, noted that the revised legislation had become more appealing to constituents back home.
House Majority Leader Steny Hoyer said he saw a "good prospect" of the bill being approved on Friday.
However, Marcy Kaptur, an Ohio Democratic Representative, said she still planned to vote No, when she appeared on ABC's Good Morning America programme.
"I will not support this legislation because it's the wrong medicine," she said, and advocated letting the market solve its own problems without government intervention.
The bill successfully passed through the Senate on Wednesday after it was amended to raise the government's guarantee on savings from $100,000 to $250,000, include tax breaks to help small businesses, expand child tax credit and extend help to victims of recent hurricanes.
Traders work the floor of the New York Stock Exchange on 2 October
All eyes on Wall Street are on the House after Monday's shock rejection
Members of the US House of Representatives are considering a revised $700bn (£380bn) plan to rescue America's financial sector.
Party leaders are hoping the House, which stunned global markets by rejecting the initial plan, will follow the Senate and back a new version.
The debate is due to start late with the House breaking up for the night before returning to vote on Friday.
US shares fell sharply as investors showed caution over the vote's outcome.
On Wall Street, the Dow Jones index closed down 348.2 points or 3.2% at 10,482.8, a slide which also dragged European shares lower.
France is to host a special summit on the financial crisis on Saturday, bringing together EU members of the G8 ahead of a full meeting next week in Washington DC.
Bush appeal
When the Representatives first rejected the plan on Monday by 228 votes to 205, they had concerns about both the content of the plan and the speed with which they were being asked to pass it.
This thing, this issue, has gone way beyond New York and Wall Street
George W Bush
US president
US markets wary over rescue deal
Send us your comments
President George W Bush has urged the House to back his revised bill, saying that credit is frozen and the package represents the best chance to correct the situation.
"[This] is a bill that has got the best chance of providing liquidity, providing credit, providing money so small businesses and medium-sized businesses can function," he said after meeting business leaders
"This thing, this issue, has gone way beyond New York and Wall Street. This is an issue that's affecting hard-working people. The House of Representatives must listen to these voices."
The package is aimed at buying up the bad debts of failing institutions on Wall Street.
It has been amended to include extra tax breaks for ordinary Americans and more protection for saving accounts.
Both the Democratic and Republican parties are planning to press their members in the House on Thursday to swing behind the revised bill.
'Good prospect'
The House reconvened with nine other bills on its agenda before the bail-out debate.
Protesters against the bail-out stage a play outside the Capitol
Protesters staged a play outside the Capitol satirising America's elite
With 40 minutes' debating time allocated to each bill, discussion of the rescue package is not expected until Thursday evening, Washington time.
Both the Republican and Democratic House leaders said they believed the bill would probably pass. Pressure will particularly be applied to the 133 House Republicans who went against party affiliation to reject President Bush's bill, correspondents say.
Roy Blunt, the Republican Whip, noted that the revised legislation had become more appealing to constituents back home.
House Majority Leader Steny Hoyer said he saw a "good prospect" of the bill being approved on Friday.
However, Marcy Kaptur, an Ohio Democratic Representative, said she still planned to vote No, when she appeared on ABC's Good Morning America programme.
"I will not support this legislation because it's the wrong medicine," she said, and advocated letting the market solve its own problems without government intervention.
The bill successfully passed through the Senate on Wednesday after it was amended to raise the government's guarantee on savings from $100,000 to $250,000, include tax breaks to help small businesses, expand child tax credit and extend help to victims of recent hurricanes.
حصان طرواده
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- التسجيل
- 19 يوليو 2008
- المشاركات
- 1,228
مجلس النواب اليوم
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ولا يهمك النواب
same shit different pile
same shit different pile
حصان طرواده
عضو نشط
- التسجيل
- 19 يوليو 2008
- المشاركات
- 1,228
مجلس الشيوخ وافق يوم الاربعاء بس النواب للحين ماصوتوا
الصبر زين1
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- التسجيل
- 6 نوفمبر 2005
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- 140
الله يبشرك بالخير
ههههههههه
أخ كندا ....جنك عايش في جيبوتي مو كندا......هههه ما عليه
تم الموافقة من مجلس الشيوخ يوم الاربعاء... وأستقبلت الاسواق الخبر بنزول حاد...لأن الموضوع تحول الى مجلس النواب للتصويت للمرة الثانية و متوقع أن تكون النسبة متقاربة جدا ....لأن حزب الجمهوري علية ضغوط قوية لرفض 700 مليار.
و أعتقد ما هي الا لعبة من طرف حزب الجمهوري (مسيحي الصبغة) و عرض عضلات قوة اللوبي اليهودي ( قوة المال ).
رأي شخصي
أخ كندا ....جنك عايش في جيبوتي مو كندا......هههه ما عليه
تم الموافقة من مجلس الشيوخ يوم الاربعاء... وأستقبلت الاسواق الخبر بنزول حاد...لأن الموضوع تحول الى مجلس النواب للتصويت للمرة الثانية و متوقع أن تكون النسبة متقاربة جدا ....لأن حزب الجمهوري علية ضغوط قوية لرفض 700 مليار.
و أعتقد ما هي الا لعبة من طرف حزب الجمهوري (مسيحي الصبغة) و عرض عضلات قوة اللوبي اليهودي ( قوة المال ).
رأي شخصي
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حياك الله سيدي الاخ فالكون
انا اعرف انت عضو محترم
وانا اعرف اسلوبك جدا جميل
خليك على هالقوه
للعلم يوم الثلاثاء والاربعاءراس السنه اليهوديه
وكان مجلس الشيوخ والنواب فى عطله رسميه
وللعلم لوكان التصويت امس لما هبط الداو
لاحظ البري ماركت الان اليوم
وانشاء الله يكون اسلوبك اجمل
تحياتى واحترامي
لا تزعل يا كندا ....و لا يهمك بس صدناك .....
يا خوي ...التصويت منقول و شاهده ملايين من المشاهدين و كانت الساعة 4 صباحا بتوقيت الكويت المصادف يوم الخميس أي 9 مساء يوم الاربعاء حسب توقيت نييويورك ....
و اليوم الجمعة راح يصوت مجلس النواب.....بالقبول أو الرفض
خلاص لا تزعل
يا خوي ...التصويت منقول و شاهده ملايين من المشاهدين و كانت الساعة 4 صباحا بتوقيت الكويت المصادف يوم الخميس أي 9 مساء يوم الاربعاء حسب توقيت نييويورك ....
و اليوم الجمعة راح يصوت مجلس النواب.....بالقبول أو الرفض
خلاص لا تزعل
دورة المؤشرنت للتحليل الفني
50 دينار كويتي