Senate Approves Reworked Financial Bail Out Bill

Just after 9pm ET Wednesday evening, the Senate took a vote on a reworked version of the $700 billion financial bailout bill that was rejected in the House on Monday. The final vote was 74 to 25, which was enough to get the bill passed in the Senate.

The Senate's new version of the bill contains no allocations going to the Housing Trust Fund, which the Dodd version originally did. Thus, ACORN will get no money from the bailout. Of course they couldn't pass up the opportunity to add some of their own earmarks to the bill.

The full 451-page Senate bill can be viewed in full here.

With the measure having now passed in the Senate, it puts pressure on the House to now also pass the bill. The House of Representatives will convene again Thursday, and will have the opportunity to re-work the bill themselves and take another vote.

The majority of Americans are still opposed to the bailout plan, which means most Senators did not vote the will of their constituents, and should this eventually pass, their jobs may be in jeopardy.