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Senate Passes Bailout Bill

</p> “We sent a clear message to America – to all Americans – that we will not let this economy fail,” Reid said. “This is not a Democratic bill. It’s not a Republican bill.

Clyburn: House Bailout Vote on Friday

House leaders are planning to take up the Senate financial rescue bill on Friday, House Majority Whip James Clyburn (D-S.C.) said Wednesday.

Obama Urges Passage of Bailout

</p> Obama, whose presence in the Senate has been rare — and floor speeches have been even rarer — returned to participate in the vote planned for later in the evening on the recovery bill.

McCain Arrives for Vote

</p> McCain had dinner in Senate Minority Leader Mitch McConnell’s (R-Ky.) office, accompanied by fellow Republicans Minority Whip Jon Kyl (Ariz.) and Sens.

Reid Says Bailout Timing Helpful

Senate Majority Leader Harry Reid (D-Nev.) said Wednesday afternoon that in deciding to bring the revamped bailout bill for a vote tonight, he did not intend to pressure the House.

White House Works to Pass Senate Bill

The White House expressed its full support today for the Senate financial bailout bill to be voted on tonight, asserting that support in Congress for the plan is growing amid changes to the legislation

Shadegg Says He Might Support Bailout

“If they make both of those changes, I’d be inclined to vote for the bill, assuming there have not been any bad things added to it,” he said.

Reid’s Gamble Dislodges Bill

</p> Strategically, Reid took a gamble in bringing the $700 billion measure to the floor so quickly after Monday’s surprising House defeat of a similar bill.

RSC Pushing Alternative Approach

</p> “Judging by the number of emails I have received over the last few days, there still seems to be some confusion about whether the RSC still needs an alternative,” the letter said.

House Leaders Bullish on Vote

</p> The changes to the bill — including the $150 billion of tax-cut extensions, the increase in Federal Deposit Insurance Corp. insurance cap from $100,000 to $250,000 and the decision to roll back Securities

Heard on the Hill: Brigadoon Inc.

bill, nosy reporters have been taking another look at Members’ financial disclosure forms to see just what investments Congress-folk hold.

Boehner Reignites Energy Debate

</p> “I’m very troubled by House Democratic leaders’ recent assertion that restoring the bans ‘will be a top priority for discussion next year,’” Boehner said.

Great Lakes, Great Races

</p> “Oakland County’s families shouldn’t have to foot the bill for Wall Street bankers’ failures,” Brownfield said.

Main Street Runs Through K St.

As Congress continues to struggle to pass the $700 billion bailout bill, much has been made of the pain that will be inflicted on Main Street should it fail.