article, advertising professional Scott Elser expressed his concern that the use of the word 'bailout' had "the ability to potentially harm" FedEx, arguing that what FedEx's website claimed was a bailout "clearly [was] not a bailout as most consumers and business people would define it". According to the Oxford American Dictionary, a bailout is the "act of giving financial assistance to a failing business or economy to save it from collapse". Time Magazine listed the term 'bailout' as one of the top 10 buzzwords of 2008, insisting on its negative connotation; this is in large part due to the fact that a substantial number of Americans have a negative opinion of the Emergency Economic Stabilization Act of 2008, commonly referred to as 'a bailout of the U.S. financial system'. Timeline February 9, 2009: H.R. 915: FAA Reauthorization Act of 2009 introduced to House of Representatives. Sponsor: James Oberstar (D-MN 8) Cosponsor: Jerry Costello (D-IL 12) Referred to Following Committees: House Committee on Transportation and Infrastructure and Subcommittee on Aviation House Committee on Science and Technology and Subcommittee on Space and Aeronautics House Committee on Homeland Security March 5, 2009: Committees report back to House of Representatives on the Bill Amendments Proposed May 21, 2009: Bill passes House of Representatives (277 ayes, 136 Nays, 20 present/not voting) Vote Details June 1, 2009: Received in the Senate and read twice. Referred to the Senate Committee on Commerce, Science and Transportation. March 22, 2010: Senate passes its version of the bill, without FedEx's language of the Provision June 30, 2010: Deadline for House and Senate to reconcile the two versions of the bill. This deadline passed without reconciliation and the bill failed to become law. References External links FedEx's Brown Bailout page UPS's website about the legislation FedEx drivers aren't pilots.com See also Crony capitalism United States labor law FedEx