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Day 9: Breaking! House passes Obama economic stimulus plan

In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration’s plan to revive a badly ailing economy.

The White House-backed legislation includes an estimated $544 billion in federal spending and $275 billion in tax cuts for individuals and businesses.

The vote was 244-188, with Republicans unanimous in opposition despite Obama’s pleas for bipartisan support.

Story on MSNBC

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