[quote=cooprider]Maybe I just don’t know anything about legislation anymore but if it doesn’t pass in the House then it’s dead, right?
So, why is any form of the bailout at all going to the Senate?[/quote]
I’m not an expert, but here’s my understanding.
Any bill has to pass the House, then the Senate. The Senate can take a bill that was passed by the House and approve it as is. Alternatively, the Senate can make amendments and vote on an amended version, but then they have to send the amended version back to the House for their approval.
So, what’s happening is that the Senate is planning to take a bill that was already passed by the House and add bailout code as an amendment.
