Originally published by the Voice of America (www.voanews.com). Voice of America is funded by the US Federal Government and content it exclusively produces is in the public domain. October 3, 2008 Signs Show US House of Representatives May Approve Financial Rescue Plan ------------------------------------------------------------------------ http://enews.voanews.com/t?ctl=1E8065B:A6F02AD83191E160C86A420B223CB917C030207A0BD70133& House rejection of bill Monday, triggered 778 point loss on Dow Jones, costing investors about $1 trillion in stock values Support for a $700 billion plan to rescue the U.S. financial sector appears to be growing in the U.S. House of Representatives, ahead of Friday's expected vote on the bailout package. The measure already has passed a preliminary vote on procedural issues. Several Democratic and Republican lawmakers who voted against an earlier version of the plan on Monday now say they will approve the measure. House Majority Leader Steny Hoyer said he thinks there is a "good prospect" the bill will pass. The plan includes amendments designed to attract the support of reluctant lawmakers. It limits compensation for the heads of failed financial institutions, and increases the size of bank accounts protected by government insurance against bank failure. There also are tax breaks for alternative energy companies. The U.S. Senate easily passed the revised version on Wednesday. President Bush has been personally lobbying House lawmakers to support the bill. Monday's rejection of the bill in the House triggered a dramatic plunge on stock markets, costing investors $1 trillion in stock values. The bill allows the government to buy faltering mortgage-related investments from financial institutions. Supporters say removing these bad investments will restore the financial health of banks and investment firms, and will encourage banks to resume lending. That will ease the tight credit that threatens to stall the economy. Some information for this report was provided by AFP, AP and Reuters. .