The Senate has passed the bailout bill. Both Senator John McCain and Senator Barack Obama were present for the vote. Senator Obama spoke on the Senate House today, saying “this is not just a Wall Street crisis – it’s an American crisis, and it’s the American economy that needs this rescue plan.” There have been some changes made to the bill since it failed to be passed in Congress on Monday night. Some examples are: more than $100 billion in popular tax breaks, and it gives some aid to rural schools. The 74-25 win shows somewhat of a bipartisan collective effort to get America out of the crisis it finds itself in. The next step is a vote in the House on Friday.
As we heard in the debate on Friday evening, Obama is looking to bring change to our economy. The economy will effect, and does affect, every one of us. The next president will have a direct influence on our life. With the next presidential debate coming up, Americans should be researching both McCain and Obama. We will then be equipped to choose who we want to elect.
http://www.politico.com/news/stories/1008/14190.html
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