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US Senate Passes Pork-Laiden "Bailout" Bill Authorizing treasury to Spend $700 Billion - Moves to House

Despite the fact that Article One of the US Constitution only allows the House to originate spending bills (and this kind of spending is clearly not sanctioned in the first place!), the Senate (with Judd Gregg pushing it heartily) attached their version of the "TARP" bailout bill to an already existing resolution. Sneaky, huh... It passed, and will now go back to the House.

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