In the News: House Passes $819 Billion Stimulus

The House has passed President Obama’s stimulus package intended to jumpstart the economy and quickly create jobs. The package would result in $607 billion in direct spending and appropriations and $212 billion in tax cuts. Despite Obama’s efforts to garner bipartisan support for his plan, no Republicans voted for the bill. The package has been criticized for its large amount of spending and lack of tax cut provisions. Democrats offered near-unanimous support, with only 11 voting against it. The Senate is scheduled to take up its own, somewhat larger, version of the bill next week.

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