Roll Call on the vote is here (warning PDF).
Congress is in recess until Thursday, in observance of the Jewish High Holidays. So no vote will take place until then, at the earliest.
Now, will the Compromise Bill that failed today be voted on again? Perhaps, considering the fact that, according to Republican congressional leaders Boehner, Blunt and Cantor, many Republicans voted against the bill today because their feelings were hurt by Speaker Pelosi accurately describing how we got into this mess. Apparently Republicans do not want to be blamed for their failures, and truth hurts their feelings.
So maybe they will get over their petulance by Thursday.
But then again, maybe Republicans did us a favor today. Maybe we can now craft a bill that will truly address in progressive terms the crisis. Maybe we can develop a plan that places the burden of the bailout on those who most benefited from it, and that provides help to those most hurt by this crisis. Maybe we craft a plan that spends less. That provides more regulation, no corporate tax giveaways, that punishes rather than rewards those corporate executives responsible for this crisis. The House Republicans who voted no today won’t like it, but I dare say they have abdicated today any voice they should have in crafting a solution.
As for the Presidential race, the bill’s failure today is a devastating blow to the McCain campaign. He was taking credit for the bill’s passage this morning before the bill was actually voted on. So that begs the question: should he know take the blame for its failure?