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Tuesday, September 30, 2008

Senate to vote on rescue plan Wednesday

The "bailout" (yes, bailout is in the title, not federal intervention) package adds new provisions - including raising the FDIC insurance cap. Democratic sources told CNN that they expect bipartisan support. The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening - two days after the House failed to pass it.The bill adds new provisions - including raising the FDIC insurance cap from $100,000 to $250,000

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Telegraph Barack Obama

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