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Senate to Move Next on Bailout

</p> The House on Monday fell 12 votes shy of passing a proposal to provide the $700 billion, and earlier Tuesday, it was expected that the House might take up the bill again, with some possible changes

Bailout Politics Weighed

</p> Senate Majority Leader Harry Reid (D-Nev.) Tuesday evening set the stage procedurally for the Senate to go first and take up the bill tonight.

Senate Leaders Confer With Their Teams

</p> Budget Chairman Kent Conrad (D-N.D.), who was also in the meeting with Reid, said participants worked through several options to get the bill passed but nothing has been decided yet.

Reid: Senate Will Vote on Bailout

</p> Reid on Tuesday did not say when the Senate would move to the bailout bill or what it might look like in order to attract more support from House Republicans, stating only that a vote will happen

House Members Cautiously Optimistic

The path forward remains unclear, but House backers and critics of the $700 billion bailout bill that failed to pass Monday are signaling hope for a new deal by the week’s end.

K Street Files: The Fog of Bailouts

</p> [IMGCAP(1)]Financial services groups taking the lead to help revive the once-failed bill have been dialing onto calls with White House officials, working to retool their grass-roots efforts and trying

Leaders Anxiously Recast the Message

</p> With the fate of the economic recovery bill uncertain, playing the message card was the obvious choice for both leadership teams Tuesday, lawmakers and leadership aides said. </p> Sen.

Battle Lines Being Drawn

Monday afternoon — which may help to explain why the most vulnerable House incumbents, by and large, voted against the bill.

Bailout Creates Web Surge That Could Last

The financial bailout bill — and the public’s overwhelming interest in it — may have lasting effects on the number of people who visit House Web sites and how the chamber handles that Web traffic.