Feb 13, 2009 Mod Loan Center
WASHINGTON (AP) - Handing the new administration a big win, the House Friday passed President Barack Obama's $787 billion plan to resuscitate the economy.
The bill was passed 246-183 with no Republican help. It now goes to the Senate where a vote was possible late Friday to meet a deadline of passing the plan before a recess begins next week.
All but seven Democrats voted for the bill - a 1,071 page, 8-inch-thick measure that combines $281 billion in tax cuts for individuals and businesses with more than a half-trillion dollars in government spending. The money would go for infrastructure, health care and help for cash-starved state governments, among scores of programs. Seniors would get a $250 bonus Social Security check.
Told that no Republican backed the measure, White House press secretary Robert Gibbs reacted by citing another number: "3.5 million jobs that we look forward to saving or creating."
Modify Loan Center - Mod Loan Center.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Mod Loan Center.com is in business to Help You during these times of recession. Please feel free to contact us today for any question or concern you may have.
info@modloancenter.com