Stimulus passes crucial Senate test votes

Here is an excerpt from a Yahoo article regarding the crucial Senate test vote passing of the stimulus bill backed by the white house. Link to the full article is at the bottom.WASHINGTON (AP) — An $838 billion economic stimulus bill backed by the White House survived a key test vote in the Senate on Monday despite strong Republican opposition, and Democratic leaders vowed to deliver legislation for President Barack Obama’s signature within a few days.AP – Senate Minority Leader Mitch McConnell of Ky. commercial litigation attorney . arrives for a news conference on the stimulus legislation, Monday, Feb. send flowers gifts . …The vote was 61-36, one more than the 60 needed to advance the measure toward Senate passage on Tuesday. That in turn, will set the stage for possibly contentious negotiations with the House on a final compromise on legislation the president says is desperately needed to tackle the worst economic crisis in more than a generation.The Senate vote occurred as the Obama administration moved ahead on another key component of its economic recovery plan. Officials said Treasury Secretary Timothy Geithner would outline rules on Tuesday for $350 billion in bailout funds designed to help the financial industry as well as homeowners facing foreclosure.[more...]http://finance.yahoo.com/news/Stimulus-bill-narrowly-apf-14302381.html

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