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U.S. Senators to Debate Compromise Stimulus Plan

  • VOA News

The U.S. Senate is meeting for a rare Saturday session today to debate a plan to inject hundreds of billions of dollars into the struggling U.S. economy.

The Democratic majority in the Senate and a few Republicans reached a compromise on the plan Friday, after agreeing to reduce the cost of the package by about 110 billion dollars.

Senate leaders say they have enough support to pass the measure, which now totals about 780-billion dollars.

In his weekly address today, President Obama praised the two sides for coming together. He called for the plan to be enacted swiftly.

Republican leaders remain opposed to the measure. They have complained that the bill is costly and wasteful.

Republican National Committee Chairman Michael Steele says more of the money should be given to families in the form of tax cuts.

Any Senate bill that is passed must be reconciled with an earlier version approved by the House of Representatives, before being sent to President Obama for his signature.

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