The fate of a controversial $700 billion financial bailout plan was in doubt Monday as a House vote turned against it.The whole story is here.
The next steps were not immediately clear but supporters were scrambling to put it up for another vote.
...The measure needs 218 votes for passage. Democrats voted 141 to 94 in favor of the plan, while Republicans voted 65 to 133 against. That left the measure with 206 votes for and 227 against.
This is the problem: There are good reasons to vote against this bill, but not everyone who's in a position to affect the economy understands that. Investors are freaking out. That's more dangerous than not passing (or passing) this bill.
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