House OKs Stimulus Package

Pelosi warns Senate to move quickly
By Sam Gale Rosen,  Newser Staff
Posted Jan 29, 2008 4:57 PM CST
Treasury Secretary Henry Paulson, right, meets with Sen. Max Baucus, D-Mont., center, and Sen. Charles Grassley, R-Iowa, to talk about the economic stimulus package Thursday Jan. 24, 2008 on Capitol Hill...   (Associated Press)
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(Newser) – The House approved a $146 billion economic stimulus package today with overwhelming bipartisan support. The bill, which would give most Americans rebates of $600, passed by a vote of 385-35 and now heads to the Senate, reports the Washington Post. Speaker Nancy Pelosi asked the Senate to approve its version quickly, without changes that would stall it or risk a presidential veto.

The prospects of that are unclear. Harry Reid says the Senate Finance Committee will vote on its own more expensive measure tomorrow, meaning the full Senate can begin work this week, reports CNN. Minority Leader McConnell calls the situation "one of those rare instances in which we ought to rise above ourselves and do something quickly," notes the Post.