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Oh, how the mighty have fallen. Following an erratic week culminating in major financial crisis, the Bush Administration and Congress presented a $700 billion rescue plan. However, during press time, the House of Representatives voted against the 110-page bill (228 to 205) causing the stock markets to plunge sharply at midday. According to The New York Times, proponents of the bill even extended the allotted voting time by 40 minutes in a drastic measure to convert undecided and “no” votes to “yes” votes. The Senate is expected to vote again later this week.
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