House and Senate negotiators crafted a deal Wednesday, pushing for floor votes this week. Tax cuts make up about a third of the total expenditure.
Senate's $838 billion package of tax cuts and new spending must be reconciled with the House bill. There may be little room to maneuver.
This week’s Senate vote on the economic stimulus package could set the pattern in Congress.
The Senate is likely to vote Tuesday on its version. Talks with the House are already beginning.
Key elements of the plan include a tax cut of up to $1,000 for working couples and $88 billion in new funding for education.
Obama points to new jobless numbers in urging quick action.