House Defeats $700 Billion Bailout
988 views · Published 30 September 2008 · 2:21 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
The U.S. House of Representatives ignored urgent warnings Monday and rejected a 700 billion dollar emergency rescue plan aimed at resuscitating the nation's financial system. The defeat of the controversial bill caused a huge sell-off on Wall Street and created even more uncertainty in financial markets. VOA's Mil Arcega reports.
