House, Senate reach stimulus agreement


House and Republican leaders have ironed out differences in the different versions of the economic stimulus bill, Senate Majority Leader Harry Reid announced Wednesday afternoon.

“The bills were really quite similar, and I’m please to announce that we’ve been able to bridge those differences. Like any negotiation, this involved give and take, and if you don’t mind my saying so, that’s an understatement,” he said during a press conference.

The full details of the changes in the now $789 billion bill haven’t been released, but Reid was joined by the three Senate Republicans who crossed party lines to back the stimulus — Sens. Susan Collins and Olympia Snowe of Maine and Arlen Specter of Pennsylvania — indicating the compromise will be approved by the Senate.

The House could vote Wednesday night on the bill, and the Senate could follow suit Thursday.


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