By JERUSALEM POST STAFF
Hotly contested legislation to bail out the reeling US financial industry has survived a key test vote on the House of Representatives floor.
Members of the House voted 220 to 198 Monday morning to move the bill forward. They approved ground rules for its consideration in the chamber, including three hours of general debate and a final vote, likely by midday.
The initial action on the House floor came not long after President George W. Bush once again urged passage of the legislation. He said that a yes vote would be "a vote to prevent economic damage to you and your community."
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