WASHINGTON (CNN) -- Democrats and Republicans on Capitol Hill immediately blamed each other for the failure of a $700 billion bailout package in the House on Monday. House Minority Leader John Boehner, R-Ohio, said there would be no revote Monday on the bill aimed at buying up bad mortgages and stabilizing the faltering economy because House members had left the Capitol. It was unclear in what form the congressional leadership would bring the bill back to the House floor. The stock market immediately dipped hundreds of points after it became apparent that the bill would fail. The Dow closed down 777 points at the end of trading Monday, a record plunge. Watch blocked bailout win or loss? »
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Senate Republican leader says "No action is not an answer"
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Bush said he is "disappointed" bailout bill failed
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Speaker Pelosi says Democrats kept up their side of the bargain
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Republicans voted against bill more than 2-1
Democrats
Nearly 60 percent of @placeholder voted for the bill, and about a third of Republicans supported it.
Pelosi
House Republican leaders blamed @placeholder, the Democratic Speaker of the House, for the bill's failure, saying she had scuttled a bipartisan compromise with a "partisan speech" shortly before the vote.
Democrats
House Republican leaders blamed Nancy Pelosi, the @placeholder Speaker of the House, for the bill's failure, saying she had scuttled a bipartisan compromise with a "partisan speech" shortly before the vote.
Pelosi
@placeholder started her speech by citing "the Bush administration's failed economic policies -- policies built on budgetary recklessness, on an anything-goes mentality with no regulation, no supervision and no discipline in the system."
Senate
The @placeholder had planned to take up the bill after the House had passed it, but now it is unclear how the senators will proceed.
John Boehner
Republican members went into the office of @placeholder, the top Republican in the House.
Republicans
Republican
But Democrats dismissed the @placeholder complaints, saying the Republican leadership failed to persuade their members to support the bill.
Democrats
"They lost 2-1 on their own side, voting against their president, their presidential candidate and against every leader in their own party," one @placeholder source said.
Republicans
Republican
@placeholder congressional aides also said calls from constituents were running 10 to 1 against the legislation.