Um, yeah. Sorta. President Obama still has to sign it of course. But that is very likely. Now, the endless speculation: Will it work? Is it working? Did it work? Why did or didn't it work? And of course, Now we need more. . . Yikes.
U.S. Congress Gives Final Approval to $787 Billion Stimulus
The U.S. Congress gave final approval to President Barack Obama’s $787 billion economic stimulus package in hopes of wresting the economy out of recession through a mix of tax cuts and federal spending.
The Senate approved the package 60 to 38 with three Republicans joining Democrats in voting “yes.” Earlier today, the House passed the measure 246 to 183 with no Republicans in favor and seven Democrats opposed. The bill, Obama’s first major victory on Capitol Hill, now heads to his desk to be signed into law. . .
Read more at: Bloomberg