The Speaker of the House, Nancy Pelosi, called this bail out a "buy-in." We'll see.

From the Washington Post:

The House began a heated debate this morning on legislation that would authorize what is likely to become the biggest federal government bailout in the nation's history, shortly after President Bush urged lawmakers to act quickly to approve the $700 billion proposal hammered out over the weekend.

Bush acknowledged that the vote will be "difficult" in the face of opposition from taxpayers and voters but necessary to protect the economy.

"A vote for this bill is a vote to prevent economic damage to you and your community" by stabilizing financial markets and renewing the flow of credit, Bush said, attempting to undercut arguments that the proposed legislation bolsters Wall Street at taxpayers' expense. "This is a bold bill that will keep the crisis in our financial system from spreading through our economy."