Financial Times FT.com

US stimulus clears Congress

By Daniel Dombey and Edward Luce in Washington and Francesco Guerrera in New York

Published: February 13 2009 18:20 | Last updated: February 15 2009 19:21

The biggest economic stimulus in US history cleared the US Congress late on Friday night, in a victory for Barack Obama less than a month after he took office as president.

The $787bn package, which is now ready for Mr Obama to sign into law, represents the most important legislative effort yet to pull the US out of its recession.

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