Stimulus Clears House

Score one for Obama! Congress this evening passed his $819 billion stimulus plan, filled with new spending and tax cuts, by a vote of 244-188. The bill is at the core of the Obama administration’s plan for reviving the flailing economy; the president declared earlier today that “we don’t have a moment to spare.” The stimulus now moves to the Senate, where debate will begin this week on a companion measure. Democrats want the legislation ready for Obama’s signature by mid-February.