House approves bailout

The second time around, the House of Representatives voted in favor of the bailout plan.

By Alex Koppelman
Published October 3, 2008 5:24PM (EDT)

As of this post, the gavel has not yet come down, but the House of Representatives appears to have passed the bailout plan. The magic number for victory was 218 votes; right now, 255 members have voted in favor of the bailout, and 167 have voted against.

Update: The vote's now final, and the bill officially passed by a vote of 263-171. As for the partisan breakdown, 172 Democrats voted for the bailout. They were joined by 91 Republicans, just short of the 100 that Speaker Nancy Pelosi reportedly wanted to get to ensure that the bailout could be portrayed as bipartisan. Sixty-three Democrats voted against, as did 108 Republicans.

Alex Koppelman

Alex Koppelman is a staff writer for Salon.

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