The House voted 263-171 in favor of a $700 billion financial rescue plan. All four Arkansas congressmen voted for the measure.

The package passed the Senate on Wednesday. It now goes to the president, who is expected to sign it.

The Arkansas delegation in the House and Senate supported it even though public feedback that was decidedly against using taxpayer money to prop up imperiled financial institutions. Lawmakers said they backed the bill because it was the best way to stave off an economic crisis.

It was the House’s second attempt to pass the controversial bailout bill, which failed Monday despite the Arkansans’ support for it.

Opponents decried the legislation as improper government intervention in a crisis caused by Wall Street. Other foes demanded more help for homeowners caught up in the subprime mortgage mess.

Arkansas’ delegation is Sens. Mark Pryor and Blanche Lincoln, both Democrats, and Reps. Marion Berry, D-Gillett, John Boozman, R-Rogers, Mike Ross, D-Prescott, and Vic Snyder, D-Little Rock.

Tags: bailout, Blanche Lincoln, John Boozman, Marion Berry, Mark Pryor, Mike Ross, Vic Snyder

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