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The House of Representatives, which rejected the Treasury Department's $700bn bailout of the financial sector in a 205-228 vote on Monday, approved it 263-171 at week's end. There were changes in the actual bill--$110bn in tax cuts and extra insurance for bank deposits--but the correspondents covering the vote cited politics not substance as the reason 33 Democrats and 25 Republicans switched from No to Aye. NBC's Tom Costello called it a week of "hardball brass tacks politics" as leaders of both parties "sweet-talked, pressured and threatened" their members. CBS' Bob Orr saw the pressure coming from "skittish markets and voters worried about layoffs and dwindling nest eggs." ABC's Jake Tapper pointed to "heavy duty lobbying from the President, Congressional leaders and, perhaps most importantly, constituents."
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