Wednesday, October 1, 2008

A Con Law Geek Moment

A quick note that the Senate is constitutionally stuck with the House's bailout bill and can only propose amendments to it.  Article I, section 7 of the Constitution requires that all revenue bills originate in the House and that the Senate can only propose or concur with amendments.  That's why the bailout bill in the Senate right now is an amendment to the House bail out bill, and also why the Senate could not have acted on this matter before the House.