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From a WSJ article posted a few minutes ago:
Even if it passed, it would face tough odds in the House. With the House set to adjourn Thursday, there is scant time to negotiate.
Ms. Pelosi on Wednesday batted down talk of a December session, saying that Congress could next consider auto-rescue legislation in January if they don't take it up this week.
The bill, crafted by Sens. Carl Levin (D., Mich.) and George Voinovich (R., Ohio.), includes several safeguards meant to protect taxpayers and hold the industry accountable, said aides familiar with the measure. Also supporting the bill are Sens. Christopher "Kit" Bond (R., Mo.) and Debbie Stabenow (D., Mich.).
Earlier Thursday, House Financial Services Committee Chairman Barney Frank told reporters "nothing's going to happen legislatively" this week. Mr. Frank said he sees no chances of an aid package being passed by the Senate and, therefore, no action will take place in the House of Representatives before House lawmakers leave town on Thursday.
"The Senate's not going to act, so nothing will happen," Frank told reporters Thursday. "Nothing's going to happen legislatively."
There are conflicting signals being sent so don't get your hopes up.
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