House passes economic stimulus bill

House passes economic stimulus bill

By John Fritze and Rich Wolf, USA TODAY
WASHINGTON — With Democrats arguing that the economic crisis requires a large and immediate infusion of government spending, a deeply divided House of Representatives approved a final version of President Obama's $787 billion economic stimulus plan Friday afternoon.
After about 90 minutes of debate, the House voted 246-183 largely along party lines to approve the legislation, which includes $46 billion for transportation projects, $40 billion to extend and increase unemployment benefits, and $115 billion in new income tax credits for 95% of workers. No Republicans voted for the legislation. The Senate is slated to vote on the bill Friday night.



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Obama: Stimulus delay 'inexcusable and irresponsible'

Obama: Stimulus delay 'inexcusable and irresponsible'

WASHINGTON (AP) — President Obama ratcheted up the pressure on Congress, saying Friday it would be "inexcusable and irresponsible" to delay approval of his gigantic stimulus plan as a grim new unemployment report revealed the depths of the U.S. economic tailspin.
The nearly $1 trillion package is Obama's top legislative priority in his early presidency, its urgency highlighted by Friday's report. The package's passage, which could potentially come as early as Friday afternoon, would be a huge relief for the president, who has struggled to win the backing he sought from opposition Republicans.



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