Bailout bill picking up momentum in House

WASHINGTON (AP) - October 3, 2008

Click Here for the live stream of the debate, which is slated to begin at 9 a.m.

President Bush is waiting to sign it.

The legislation cleared a key hurdle in the House on a vote of 223-205.

And with the economy showing fresh weakness, an Associated Press tally shows 16 lawmakers who sent an earlier bailout bill to unexpected defeat on Monday had changed their minds and would vote in favor of the revised legislation. Officials said changes made to the measure had sparked a far smaller number of defections among previous supporters.

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