Thursday, October 02, 2008

Senate Passes Emergency Economic Stabilization Act of 2008

All major and minor newspapers are reporting that the Senate passed its revision of H.R. 1424, the economic stabilization/bailout/stimulus that failed in the House last Friday. Numerous pundits are writing opinion pieces on the issue while countless citizens are weighing in with their own comments to newspaper articles (1,126 comments on the Washington Post's article alone). But if you're eager to read a copy of the actual bill as it was passed by the Senate, you can find it on GPO Access (along with countless other government documents, all of which are available for free from the U.S. Government Printing Office).

You can also trace the bill's voyage through Congress by searching in THOMAS, another useful website brought to you by the Library of Congress. To offer feedback to your state's senator or advise your House representative on how to vote on the bill Friday, check out the official websites of the Senate and House. On the Senate's website you can also read the roll call votes for and against the bill.

If you're still not finding the congressional information you need, take a look at our subject guide on Congress and Legislation.

1 comment:

  1. The Emergency Economic Stabilization Act of 2008 provides up to $700 billion to the Secretary of the Treasury to buy mortgages and other assets that are clogging the balance sheets of financial institutions and making it difficult for working families, small businesses, and other companies to access credit, which is vital to a strong and stable economy.
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