February 11th, 2009
10:45 AM ET
9 years ago

Stimulus deal could come Wednesday

House and Senate negotiators are working to hammer out differences in a roughly $800 billion stimulus package.

House and Senate negotiators are working to hammer out differences in a roughly $800 billion stimulus package.

WASHINGTON (CNN) - Democrats are optimistic about getting a House-Senate stimulus deal by Wednesday afternoon, a Democratic leadership source told CNN.

A conference committee meeting is set to be held Wednesday afternoon to start officially drawing up the legislation.

Meetings with centrist senators and Democratic leaders, which lasted for about nine hours Tuesday, are expected to begin again later Wednesday morning.

The House and Senate have passed two different versions of the economic stimulus bill. Before the bill can be signed into law, the two chambers must reconcile their differences and pass a final version of the package.

President Obama wants the bill on his desk by Presidents Day, which is next Monday.

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Filed under: Congress • economic stimulus
soundoff (5 Responses)
  1. Spencer/Hampton Roads, VA

    I doubt it. Any provision changes made to the bill will just drag this whole process out. I think by Friday it should be a done deal.

    February 11, 2009 12:39 pm at 12:39 pm |
  2. Ray Fisher, Albuquerque, NM

    These folks have absolutly no sense of urgency on anything, shoot it them hourse just to vote in Congress on something they have debated for weeks. Voting should take a minute or two at most as it is all electronic. Just a game they play, a very childish game!!!

    February 11, 2009 12:40 pm at 12:40 pm |
  3. Ray Fisher, Albuquerque, NM

    Between Windows Vista and Salmonella coated peanuts we're lucky we have an economy to repair!!! Quality in all things are extinct!!!

    February 11, 2009 12:46 pm at 12:46 pm |
  4. Gary

    JUST STOP SPENDING MONEY! Lets balance the budget, not increase the deficit. I'm beginning to think that neither party has any idea how to run a government or manage an economy. Borrowing $800B to stimulate a "fake" recovery will only saddle our children with more debt and hurt our economy in the long run. We need to work harder, smarter and more years. We need productivity improvements not pet projects. We need to get energy independent (drill our own oil solar, wind and nuclear, fuel efficient cars etc). We need to make our education system better (longer school days, more days per year, fewer students per teacher, more private tutoring available, more objective measures to advance grade level).

    February 11, 2009 12:59 pm at 12:59 pm |
  5. Matthew, Detroit

    Barack is very naive. He can not even control his congress.

    This bill should be shot down. Congress is all over the banks but they sure as heck do not police themselves. They need to fire themselves. Every single one of them Both sides of the aisle.

    February 11, 2009 01:04 pm at 1:04 pm |