tinggal berharap dprnya juga setuju, kalo ditolak lg ampun2 deh.. On 10/2/08, hs <[EMAIL PROTECTED]> wrote: > AP > Bailout passes Senate, House foes soften > Wednesday October 1, 9:58 pm ET > By Julie Hirschfeld Davis and Charles Babington, Associated Press Writers > > > > Senate passes $700B financial bailout loaded with tax cuts, other goodies, > to lure House votes > > WASHINGTON (AP) -- After one spectacular failure, the $700 billion financial > industry bailout found a second life Wednesday, winning lopsided passage in > the Senate and gaining ground in the House, where Republicans opposition > softened. > > > > > > > > > ADVERTISEMENT > > var lrec_target="_top";var lrec_URL=new Array(); > lrec_URL[1]="http://us.ard.yahoo.com/SIG=14sj20e5k/M=696677.12993953.13211293.1435155/D=fin/S=8988914:LREC/Y=YAHOO/EXP=1222920923/L=YEEBedFJqz8x6hYOSIG.CgCvcngnvUjkLrsABRHf/B=CUJFEULaX.0-/J=1222913723491273/A=5495533/R=0/id=flash/SIG=10nclpqg6/*http://www.harman.com";; > var lrec_fv="clickTAG="+escape(lrec_URL[1]); > var > lrec_swf="http://ads.yimg.com/a/a/ma/mars_advertising/harint_me_yahoo300x250eng_ln1.swf";; > var > lrec_altURL="http://us.ard.yahoo.com/SIG=14sj20e5k/M=696677.12993953.13211293.1435155/D=fin/S=8988914:LREC/Y=YAHOO/EXP=1222920923/L=YEEBedFJqz8x6hYOSIG.CgCvcngnvUjkLrsABRHf/B=CUJFEULaX.0-/J=1222913723491273/A=5495533/R=1/id=altimg/SIG=10nclpqg6/*http://www.harman.com";; > var > lrec_altimg="http://ads.yimg.com/a/a/ma/mars_advertising/harint_me_yahoo300x250eng_ln1.jpg";; > var lrec_w=300;var lrec_h=250; > > > > > if(window.yzq_d==null)window.yzq_d=new Object(); > window.yzq_d['CUJFEULaX.0-']='&U=13fo12n17%2fN%3dCUJFEULaX.0-%2fC%3d696677.12993953.13211293.1435155%2fD%3dLREC%2fB%3d5495533%2fV%3d1'; > > Senators loaded the economic rescue bill with tax breaks and other > sweeteners before passing it by a wide margin, 74-25, a month before the > presidential and congressional elections. > In the House, leaders were working feverishly to convert enough opponents of > the bill to push it through by Friday, just days after lawmakers there > stunningly rejected an earlier version and sent markets plunging around the > globe. > The measure didn't cause the same uproar in the Senate, where both parties' > presidential candidates, Republican John McCain and Democrat Barack Obama, > made rare appearances to cast "aye" votes. > In the final vote, 40 Democrats, 33 Republicans and independent Sen. Joe > Lieberman of Connecticut voted "yes." Nine Democrats, 15 Republicans and > independent Sen. Bernie Sanders of Vermont voted "no." > The rescue package lets the government spend billions of dollars to buy bad > mortgage-related securities and other devalued assets held by troubled > financial institutions. If successful, advocates say, that would allow > frozen credit to begin flowing again and prevent a deep recession. > Even as the Senate voted, House leaders were hunting for the 12 votes they > would need to turn around Monday's 228-205 defeat. They were especially > targeting the 133 Republicans who voted "no." > Their opposition appeared to be easing after the Senate added $110 billion > in tax breaks for businesses and the middle class, plus a provision to > raise, from $100,000 to $250,000, the cap on federal deposit insurance. > They were also cheering a decision Tuesday by the Securities and Exchange > Commission to ease rules that force companies to devalue assets on their > balance sheets to reflect the price they can get on the market. > There were worries, though, that the tax breaks would cause some > conservative-leaning Democrats who voted for the rescue Monday to abandon it > because it would swell the federal deficit. > "I'm concerned about that," said Rep. Steny Hoyer, D-Md., the majority > leader. > As revised by the Senate, the package extends several tax breaks popular > with businesses. It would keep the alternative minimum tax from hitting 20 > million middle-income Americans and provide $8 billion in tax relief for > those hit by natural disasters in the Midwest, Texas and Louisiana. > It doesn't designate a way to pay for many of the tax cuts, though, angering > the House's band of conservative "Blue Dog" Democrats. > Leaders in both parties, as well as private economic chiefs everywhere, said > Congress must quickly approve some version of the bailout measure to start > loans flowing and stave off a potential national economic disaster. > "This is what we need to do right now to prevent the possibility of a crisis > turning into a catastrophe," Obama said on the Senate floor. In Missouri, > before flying to Washington to vote, McCain said, "If we fail to act, the > gears of our economy will grind to a halt." > Critics on the right and left assailed the rescue plan, which has been > panned by their constituents as a giveaway for Wall Street, and has little > obvious direct benefit for ordinary Americans. > Sen. Jim DeMint, R-S.C., a leading conservative, said the step was "leading > us into the pit of socialism." > Sen. Bernie Sanders of Vermont, an independent who's a self-described > socialist, said the rescue was fundamentally unfair. > "The masters of the universe, those brilliant Wall Street insiders who have > made more money than the average American can even dream of, have brought > our financial system to the brink of collapse," Sanders said, and are > demanding that the middle class "pick up the pieces that they broke." > Still, proponents argued that the financial sector's woes were already being > felt by ordinary people in the form of unaffordable credit and > underperforming retirement savings and without the bailout would soon > translate into even more economic pain for working Americans, including more > job losses. > "There will be no balloons or bunting or parades," when the rescue becomes > law, said Sen. Chris Dodd, D-Conn., the Banking Committee chairman. But > lawmakers will have "the knowledge that at one of our nation's moments of > maximum economic peril, we acted -- not for the benefit of a particular few, > but for all Americans." > The Senate specializes in high-stakes legislating by enticement, and the > long list of sweeteners it added was designed to attract votes from various > constituencies. > Tax cuts new and old are favorites for most House Republicans, the main > target of intense lobbying to gain support for the measure. Help for rural > schools was aimed mainly at lawmakers in the West, while disaster aid was a > top priority for lawmakers from across the Midwest and South. > Another addition, to extend the deductibility of state and local taxes for > people in states without income taxes, helps Florida and Texas, among > others. > Increasing the deposit insurance cap was a bid to reassure individuals and > small businesses that their money would be safe in the event their banks > collapsed. It was particularly geared toward small banks that fear customers > will pull their money and park it in larger institutions seen as less likely > to fold. > The FDIC would be allowed to borrow unlimited money from the Treasury > Department through the end of next year as a way to cover the increased > insurance limit. If used, it would be the first time the agency has tapped > Treasury for a loan since the early 1990s. > Raising the limit -- along with the SEC's decision to ease accounting rules > on valuing assets -- helped House Republicans claim credit for some > substantive changes. > And with constituent feedback changing dramatically since Monday's shocking > House defeat and the corresponding market plunge, lawmakers' comfort level > with the package increased markedly. > > > > > > ___________________________________________________________________________ > Nama baru untuk Anda! > Dapatkan nama yang selalu Anda inginkan di domain baru @ymail dan > @rocketmail. > Cepat sebelum diambil orang lain! > http://mail.promotions.yahoo.com/newdomains/id/
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