Senate Reaches Tentative Deal For $780 Billion Stimulus Package

February 6, 2009 6:23 PM EST
Sources are reporting that Democratic and Republican senators have reached a tentative agreement for a $780 billion stimulus package.

Senate Majority Leader Harry Reid has taken the list of cuts to the nearly $900 billion Senate bill to fellow Democrats, the sources said. The Senate plans to reconvene at 6:30 p.m.

Democrats were wrestling over billions of dollars in potential cuts to education spending Friday as senators searched for a compromise to pass what is now close to a $900 billion economic recovery plan.

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