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Entries from DCist tagged with 'bill'

October 3, 2008

Photo by afagen Remember Monday, when the U.S. House refused to pass a $700 billion bailout package and everyone kinda freaked out? Well a little less than an hour ago they came together for another vote, this time on the Senate's version of the deal, and voted for it. We can't help but feel like the strangest part about the affirmative vote is not actually that it happened, but that even though it probably......

Continue Reading "House Relents, Approves 'Financial Rescue'"

September 30, 2008

The long-delayed bill which includes a potential $1.5 billion in funding for Metrorail will finally be voted on in the Senate tomorrow, and it is expected to pass. Debate on the floor was officially closed by a 69-17 vote yesterday, and it would appear that the legislation has more than enough votes to make it's way to President Bush's desk. Sen. Tom Coburn (R-Okla.) is probably finding the bill more difficult to roadblock these days,......

Continue Reading "Metro Bill Gets Senate Vote Tomorrow"

September 29, 2008

The U.S. House has voted down the bailout package, 205-228. By and large, Republicans voted against the bill, while Democrats voted for it, though the Democrats voted for it by a rather small margin. The Dow Jones Industrial Average has already dropped more than 500 points, just shy of five percent, since the news broke. Presumably, the House leadership will start working on a new bill, but given that the Republicans wouldn't vote for......

Continue Reading "Bailout FAIL!"

September 25, 2008

Metro brings word that yesterday, the House of Representatives approved an amended version of the Rail Safety Improvement Act of 2008 and the Passenger Rail Investment and Improvement Act of 2008, H.R. 2095. While the bill's main financial purpose is to allocate $13.06 billion in federal funds over the next five years to Amtrak, it also includes $1.5 billion in appropriations for Metro to make capital improvements in the next ten years - vital funds......

Continue Reading "House Passes Amended Metro Funding Bill"

July 29, 2008

Dr. No has struck again. Yesterday the Senate was unable to pass a legislative package of 35 programs worth $10 billion that had been held up by Sen. Tom Coburn (R-Ok.). The package -- known as the "Tomnibus" bill -- included $1.5 billion for Metro that Coburn deemed wasteful because his constituents are too poor to come to Washington (no, seriously). But Democrats couldn't convince enough Republicans to join them to push the measure through,......

Continue Reading "'Tomnibus' Bill Stalls in Senate"

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