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Bailout bill clears procedural hurdle in US House

Fri, Oct 3 2008, 14:58 GMT
http://www.afxnews.com

WASHINGTON, Oct 3 (Reuters) - The U.S. House of Representatives on Friday passed a rule allowing debate and a final vote on a $700 billion Wall Street bailout bill.

With this procedural vote, the House is expected to begin general debate of the legislation, with a vote expected shortly thereafter.

(Reporting by Richard Cowan and Kevin Drawbaugh, editing by Gerald E. McCormick) Keywords: FINANCIAL/BAILOUT RULE

Varghese Joseph

vj

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