Congressional negotiators have struck a deal on a compromise, $787-billion economic-stimulus bill, said Senate Majority Leader Harry Reid (D-Nev.). The measure is smaller than the $819.5-billion package that the House approved on Jan. 28 and the $838-billion measure that the Senate passed Feb. 10.
Reid said at a Feb. 11 afternoon press conference in the Capitol that differences between the house and senate bills were "resolved." He added, "The bills were really quite similar. And I'm pleased to announce we've been able to bridge those differences."