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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

House Passes Stimulus Plan

The House of Representatives approved the stripped-down version of President Obama's stimulus plan moments ago. The preliminary vote stands at 246-183, but that could change by a few over the next several minutes.

The bill now heads to the Senate for a vote tonight, as Democrats aim to the get the bill on Obama's desk by his stated goal of President's Day, on Monday.

We say "stripped-down" because the stimulus bill now stands at $789 billion, down from $838 billion after the Republicans got their whacks at it.

Funny, Sen. Susan Collins (R-Maine), one of the key swing votes that approved the earlier $838 billion package in the Senate days ago, called the $789 billion version "fiscally responsible."

Because, what? An $838 billion stimulus bill is wildly irresponsible by comparison?

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  February 13, 2009; 2:26 PM ET
Categories:  The Ticker  | Tags: Obama, Susan Collins, stimulus plan  
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