The House voted today to approve a $146 Billion plan aimed at stimulating the economy to hopefully avoid a recession. 385 House members voted in favor of the plan, and 35 members voted against it. 169 of those votes came from Republicans, and 216 of those votes came from Democrats. 10 Democrats and 25 republicans voted against the package.

The plan will give away free money to taxpayers, in the from of checks and tax rebates. The amount given will range from around $300 to around $1800, based on income and other factors, such as the amount of people in a residence.

The plan has been heavily criticized, but it passed today, according to some, because of the need to act quickly to uphold the economy.

This entry was posted on Tuesday, January 29th, 2008 at 6:42 pm and is filed under Breaking, Congress, Democrats, General, Republicans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.