Takeaway #1
On Friday, congress approved the proposed $787 billion stimulus package. This came just 4 weeks into the Obama administration.Takeaway #2
The votes tallied as; 246 to 183 in the house, with all republicans opposing the bill, and 60 to 38 in the senate, with only 3 republicans voting yes.Takeaway #3
Obama is expected to pass the package Monday.
Takeaway #4
The plan, smaller than democrats first proposed, is a mix of; tax cuts, longer term govt spending on public works projects, education, health care, energy and technology.Takeaway #5
74% of the money is to be spent in the first 18 months.
