Agreement Reached On $789 Billion Stimulus Bill

Barack Obama Congress A House vote on the measure is possible as early as tomorrow with the Senate to follow before lawmakers begin a scheduled weeklong vacation.

by The Associated Press

Published: Wed, February 11, 2009 - 2:51 pm CST Last Updated: Wed, February 11, 2009 - 2:55 pm CST

WASHINGTON (AP) - A massive tax and spending bill intended to
stimulate the badly battered economy is a big step closer to
President Barack Obama's desk.
With lightning speed, key members of Congress have announced
agreement on a $789 billion package designed to create millions of
jobs.
The bill includes help for victims of the recession in the form
of unemployment benefits, food stamps, health coverage and more, as
well as billions for states that face the prospect of making deep
cuts in their own programs.
It also preserves Obama's signature tax cut - a break for
millions of lower and middle income taxpayers, including those who
don't earn enough to pay income taxes.
Conspicuously absent from the news conference was House Speaker
Nancy Pelosi. It's not clear whether she stayed away out of
unhappiness or a scheduling conflict.
A House vote on the measure is possible as early as tomorrow,
with the Senate to follow before lawmakers begin a scheduled
weeklong vacation.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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Shubunkin Says:

Wed, Feb 11, 2009 at 3:39 pm

Hahahahahahaha! Why didn’t I see this coming? Have a great vacation boys (and girls), while our country suffers.

BamaBob Says:

Wed, Feb 11, 2009 at 3:21 pm

Gloom & doom, gloom & doom… the country is facing a “catastrophe” and this porkulus bill must be signed without looking at the fine print. Our future depends upon it, plus our congress has a vacation scheduled and we wouldn’t want that messed up.

*big dose sarcasm*