Senate, House Reach Agreement on Stimulus Bill

Negotiators have resolved the differences between the House and Senate versions of the stimulus bill, Sen. Harry Reid said Wednesday. The $789 billion package is lower than the House's $819 billion version and the Senate's $838 billion bill. President Obama said he wanted the bill on his desk by Presidents Day, which is next Monday.

After months of negotiating, the economic stimulus bill is one step closer to reality. 

Negotiators have resolved the differences between the House and Senate versions of the stimulus bill, Sen. Harry Reid said Wednesday. The $789 billion package is lower than the House's $819 billion version and the Senate's $838 billion bill.

President Obama said he wanted the bill on his desk by Presidents Day, which is next Monday.

Before the stimulus bill can be signed into law, the House and Senate must reconcile the differences between their bills and pass a final version of the package.

Source:  CNN.com,  Agreement Reached on Proposed Stimulus Bill

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