House members are currently voting on a procedural vote on the bailout. It needs to pass before the House votes on the actual bailout package. House leaders have scheduled a vote on the bill for sometime after noon.

Watch to see what the final count is on the procedural vote. That vote and the bill need 218 votes -- a majority of House members -- to guarantee passage.

UPDATE: The procedural vote passed, and it wasn't that close. The count was 235 for and 190 against.