Tuesday, February 10, 2009

Senate approves massive economic-stimulus bill

WASHINGTON (MarketWatch) -- President Barack Obama hailed the passage of a massive economic-stimulus bill in the U.S. Senate Tuesday, saying it's a good start for House and Senate negotiators to hammer out a final version later this week.

Senators approved the $838 billion bill by a vote of 61 to 37, handing the president a legislative victory on a measure that he says will save or create as many as 4 million jobs and help the economy recover from the recession.

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