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U.S. Senate passes stimulus plan

10 February 2009 One Comment

Posted by Sherwin

The Senate today gave the final approval to its $838 billion stimulus plan but with limited Republican support.

Senators voted 61 to 37 to approve the bill. Sixty votes were needed and only three Republicans voted in favor of it.

President Barack Obama welcomed the vote as a good start. It came as  Treasury Secretary Timothy Geithner unveiled a bank bail-out plan worth some $1.5 trillion.

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