Wednesday, January 28, 2009

House passes $819 billion economic stimulus bill

By a 244-188 vote, the U.S. House of Representatives has just passed the $819 billion economic stimulus bill. The bill, originally believed to have been for $825 billion, was reviewed by the Congressional Budget Office and determined to have been an $819 billion measure.

No Republicans voted for the bill while 12 Democrats crossed party lines and voted against it.

The bill now goes to the Senate, where a different version is expected to be passed next week. The two versions would then be worked out in a conference committee of the House and Senate into a compromise version that would then be reintroduced into each house.

For more on the impact of the stimulus bill on the AEC industry, visit and check out The Obama Infrastructure Plan: A Supplement to PSMJ's 2009 A/E/C Firm U.S. Market Sector Forecast.


No comments:

Follow @PSMJ_Resources