House Approves $819B Stimulus Plan

by Matt Ball on January 29, 2009

The stimulus plan was passed by the House last night, and moves on to the Senate as early as Monday. The legislation includes roughly $544 billion in spending and $275 in tax cuts. It also includes a last-minute addition of $3 billion for mass transit. The measure is likely to morph further in the Senate where early deliberations are more bipartisan and more costly.

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