World Report

Senate to Vote on Rescue Plan Wednesday

Senate to Vote on Rescue Plan Wednesday

By KHON News


Senate leaders are slated to vote Wednesday on President Bush's $700-billion Wall Street rescue plan.

But they've added a tax cut proposal already rejected by the House.

TheSenate version would also raise federal deposit insurance limits to
$250,000 from $100,000.

If this new version passes the Senate, the House will get a new crack at it when they come back from their two day recess on Thursday.

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