Stimulus: House approves key budget bill, Pelosi sees passage by end of February - Business Insider

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The House approves a key budget bill as Pelosi says Democrats will pass the Biden stimulus package by end of February

They approved a budget measure that will allow committees to start drafting legislation.Visit the Business section of Insider for more storiesThe House of Representatives voted on mostly party lines Friday to approve a budget proposal that continues setting the stage for Democrats to approve President Joe Biden's $1.9 trillion government rescue package without any Republican votes.

The development was a fresh sign that Democrats are barreling ahead to secure the passage of the Biden relief plan through Democratic support. Speaker Nancy Pelosi sent a letter to colleagues laying out a timeline for final approval of the economic aid plan, saying Democrats sought to"finish our work" by the end of February.

Pelosi along with other Democratic leaders met with Biden on Friday, hours after the Senate approved an identical budget bill as part of the reconciliation process. It's the mechanism allowing Senate Democrats to approve the rescue plan with a simple majority of 51 votes instead of the 60 that's usually required.

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