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Bailout booms!

October 3, 2008

OK. It’s a done deal. What a difference a few days, millions of phone calls and stomach-churning NYSE gyrations make.

The House, by a 263 to 171 vote, has passed H.R. 1424, Emergency Economic Stabilization Act of 2008, aka the Wall Street bailout. You can peruse it at your leisure by clicking here.

In today’s House vote, there were 172 Democrats selecting "aye." They were joined this time by 91 Republicans.

This interactive vote page lets you see how your Representative voted today. If you prefer a more static version, click here. You can click here to see the initial rejection vote on Monday and compare who changed their minds.

As for the Senate on the measure, you can check what those lawmakers across the Hill did at this roll call page.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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