U.S. House

New Mexico will lose decades of experience and seniority in the U.S. House and Senate when the new Congress convenes next month, posing great challenges for the new delegation tasked with protecting the state’s interests in Washington.

The U.S. House passed the $700 billion bailout legislation by a vote of 263-171. The successful passage of the biggest bailout in American history follows a ballot by the House earlier in the week in which lawmakers dramatically rejected the first version of the legislation 228-205.

The U.S. House rejected the $700 billion bailout plan today with strong opposition from both Republicans and Democrats. More to come.