Dont worry, it will be revisited shortly in modified form...
The legislation would have given Treasury Secretary Henry Paulson broad authority to buy troubled assets from financial companies.
``I'm very disappointed,'' said House Financial Services Committee Chairman Barney Frank. ``The Republicans killed this.'' He said there would not be another vote on the issue today.
President George W. Bush, who personally lobbied lawmakers to support the measure today, will consult with congressional leaders ``to determine the next step,'' said spokesman Tony Fratto.
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