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Robert Kuttner and Michael Hudson on the Obama Administration's $789 Billion Economic Stimulus Package and $2.5 Trillion Bank Recovery Plans

Robert Kuttner and Michael Hudson on the Obama Administration's $789 Billion Economic Stimulus Package and $2.5 Trillion Bank Recovery Plans

Both the House and Senate are set to vote today on the $789 billion economic stimulus package. The vote follows weeks of political wrangling that culminated in compromise legislation struck on Wednesday. The final size of the package is less than what both the House and Senate originally passed and far smaller than what many economists say is needed. But it still marks the nation’s largest economic rescue program since Franklin Roosevelt launched the New Deal. [includes rush transcript]

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