Senate Bailout Vote - S.J.Res. 5: Disapproving of the Emergency Economic Stabilization Act

S.J.Res. 5: A joint resolution relating to the disapproval of obligations under the Emergency Economic Stabilization Act of 2008.
Joint Resolution Defeated 42-52


Senate GOP bailout support plummets
Obama advisers will meet with Senate Republicans on rescue funds.

Senate Votes to Release Second Half of TARP Funds
The Senate voted narrowly today to permit President-elect Barack Obama to spend another $350 billion to stabilize the fragile U.S. financial system.

Senate Votes To Release Bailout Funds To Obama
The Senate voted yesterday to release the second half of the Treasury's hugely unpopular initiative to stabilize the fragile U.S. financial system, granting President-elect Barack Obama virtually unfettered authority to spend $350 billion to revive sluggish credit markets.


CBO: Troubled Asset Relief Program (TARP) Report
CBO is required by law to report semiannually on OMB’s assessment of expenditures under the Troubled Assets Relief Program (TARP). Today, CBO released the first of these reports.