Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke say that a recession is "unavoidable" if the Wall St. bailout bill isn't passed, while the Senate Banking Committee calls the proposed $700 billion plan "unacceptable." As a refresher, let's review one of my all-time favorite School House Rock segments on how exactly a bill is passed...
Tuesday, September 23, 2008
I'm Just a Bill, Yes I'm Only a $700 Billion Bill, and I'm Sittin' Here On Capitol Hill
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