Congress | With all eyes on the Wall Street bailout, the U.S.
by Jamie Dean
Posted 9/25/08, 12:00 am
While congressional leaders wrangled over the details of a federal bailout for Wall Street that could cost taxpayers an extraordinary $700 billion, the U.S House quietly passed an omnibus-spending bill for nearly the same amount Wednesday. The Senate is expected to pass the $630 billion measure by week's end.
Senate leaders wringing their hands over where to find $700 billion for the Wall Street bailout might start with the fine print of the omnibus bill: The measure includes more than $6.6 billion in pork-barrel spending.