Lawmakers agree on Stimulus bill one day after it passes Senate.
Wired PR News.com – Lawmakers have come to an agreement on the stimulus bill just one day after it passing in the Senate. As reported by the Associated Press (AP), the compromise, announced Wednesday could mean a bill will be signed by President Barack Obama in just a few days.
Senate Majority Leader Harry Reid is quoted in the report as stating, “The middle ground we’ve reached creates more jobs than the original Senate bill and costs less than the original House bill.” As noted by the AP, the bill is expected to create approximately 3.5 million jobs and also contains provisions for providing unemployment, food stamps, and health care coverage for those devastated by the recession.
The stimulus measure agreed upon by the House and Senate totals $789 billion. A final vote for the houses has yet to be announced, but some speculate that it could occur by the end of the week.