Friday, February 6, 2009

Deal Reached On 800 Billion Stimulus Bill

U.S. Senators Reach Deal...

U.S. Senate Democrats agreed on Friday to cut their hopes for a larger economic stimulus package and support a $800 billion (541 billion pound) compromise that would give President Barack Obama an important but narrow victory. Democrats said a vote on passage of the measure -- drafted by leaders of a group of moderate lawmakers from both parties -- and closely watched overseas as a sign of U.S. commitment to help revive the world economy, would be held on Tuesday.

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