House Of Representatives | featured news

Plan approved in 233-193 vote endorses much of Obama's agenda; no Republicans backed measure.

The House of Representatives is considering legislation Wednesday that would grant Treasury Secretary Timothy Geithner the authority to ban future "unreasonable and excessive" compensation at companies receiving federal bailout money.

The House of Representatives is expected to vote Thursday on legislation to try to recoup bonuses paid to Wall Street executives with taxpayer money.

Democrats and Republicans tried to outdo one another in voicing indignation as the House debated a bill to punish A.I.G. executives who got big bonuses.

U.S. House of Representatives Speaker Nancy Pelosi poured cold water on the idea of another economic stimulus package on Thursday amid suggestions that some Democrats had already begun work on one.

The plan is budgeted at $789 billion, which is smaller that original bills passed by each chamber. It could be sent to President Obama for his signature by the end of the week.

House and Senate negotiators have struck a deal on a final version of a sweeping economic recovery package.

House, Senate leaders scale plan down to $789.5B, a net reduction of almost $40B from what the Senate approved yesterday, senior adviser says.

After a 61-to-37 vote that was largely along party lines, negotiations with the House over the $838 billion bill will begin.

The House version of the stimulus bill emphasizes helping states and localities avoid wide-scale cuts, while the Senate plan focuses more on tax cuts.

The President 's expansive and expensive plan to jump-start the economy is all but certain to clear its first hurdle when the Democratic-controlled House votes on a $825 billion version later today.