Discover GOP Opprobrium

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House Passes Financial Overhaul Bill

The House of Representatives on Wednesday adopted legislation
to revamp the nation's financial regulatory system. It was a
party line vote that illustrated how the partisan acrimony
gripping Congress prevented cooperation, even on the
universally shared goal of averting future economic crises
and government bailouts of big banks.

The Senate is also expected to approve the measure, but the
majority leader, Harry Reid of Nevada, said that he would not
be able to schedule a vote until after Congress returned from
a weeklong recess for the Fourth of July.

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