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New President Barack Obama got his economic stimulus package passed today. The Democratic-controlled House approved the historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the administration’s plan to revive the faltering economy.

The vote was 244-188, with Republicans unanimous in opposition despite Obama’s pleas for bipartisan support. One must wonder if the Republicans actually disagree with the stimulus package or if they are just voting against it to say they did.

“We don’t have a moment to spare,” Obama declared at the White House as congressional allies hastened to do his bidding in the face of the worst economic crisis since the Great Depression.

The bill will now be sent to the Senate, where debate could begin as early as Monday on a companion measure already taking shape. Democratic leaders have pledged to have legislation ready for Obama’s signature by mid-February.

Below is the document that will be sent to the Senate. You can read it in its entirety to understand exactly what the proposed stimulus package could mean for you and your family.

2009 Proposed US Stimulus Bill - Free Legal Forms

To download this document, click here.