Thursday, January 29, 2009

House Passes Obama Economic Stimulus Package 244 - 188

More at washingtonpost.com: “The House approved an $819 billion stimulus package on a near party-line vote yesterday, a plan breathtaking in size and scope that President Obama hopes to make the cornerstone of his efforts to resuscitate the staggering economy.

Obama engaged in an all-out lobbying push for the bill, which is among the most expensive pieces of legislation ever to move through Congress, and marked a big victory for his presidency a little more than a week into his term. He will now turn his attention to the Senate, where Democrats are scheduled to begin debate on the measure on Monday and the price tag is likely to reach $900 billion.”

-- I still think it's not enough. We're looking at a spending need of almost 4 trillion to get ourselves on the right economic track.

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