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economic crisis, bailouts
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House gives symbolic thumbs-down on TARP cash

In a symbolic gesture of dissatisfaction with the government's attempts to stabilize the financial system, the U.S. House of Representatives voted 270-155 on Thursday against releasing a second allotment of $350 billion to the Troubled Asset Relief Program, or TARP.

 

Senate OKs release of bailout funds

Senate OKs release of bailout funds

A divided Senate has approved President-elect Barack Obama's request for $350 billion in unspent financial bailout funds.

 

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